Google Moves Toward Settlement of European Antitrust Investigation
Posted in: Government & Policy at 25/07/2012 17:38
The European Commission said on Tuesday that it had reached an "understanding" with Google that could lead to a settlement of an antitrust investigation into allegations that Google abused its dominance of the Internet search and advertising markets.
Europe's competition commissioner, Joaquín Almunia, had asked Google in May to make concessions in four areas or face formal antitrust charges, which could mean years of costly litigation and hefty penalties if it lost.
Google close to antitrust deal with European Commission
Google's search results on both desktop computers and mobile phones could see important changes for European users, after the European Commission said it had reached a good level of understanding with the search giant in its antitrust investigation.
Reports indicate that Google has offered to make concessions on how it orders its search results, including the fast-growing mobile platform, after pressure from Joaquin Almunia, the EC's antitrust commissioner.
Google and EU poised to settle antitrust investigation [IDG]
Google and the European Commission appear close to a settlement that would end the Commission's investigation of the American Internet giant for potential violations of European antitrust regulations, according to a Commission spokesman.
"We have reached a good level of understanding on what the possible solutions might be," Antoine Colombani, a Commission spokesman, said in an email.
EU warms to Google antitrust concessions
Google took a significant step toward resolving its antitrust problems in the EU after regulators warmed to new concessions offered to settle an investigation into alleged anti-competitive behaviour and avert a possible fine.
The European Commission said on Tuesday that there was a "level of good understanding" with the world's most popular search engine regarding its latest proposals that would form the basis of discussions before the Commission makes a final decision whether to accept them.