Reuters: Google Submits Formal Concessions to EU in Antitrust Case

Google

Reuters  is reporting that Google has formally submitted several concessions to European Union competition regulators  to settle a two-year antitrust investigation without a fine.

“Google first offered proposals at the end of January following a spate of complaints from rivals such as Microsoft that triggered the European Commission’s investigation in November 2010. Foo Yun Chee writes for Reuters. “But the company, which has a market share of over 80 percent in Europe’s Internet search market according to research firm comScore, has now made a formal offer of concessions after discussions with the EU antitrust authority.”

“In the last few weeks, the Commission completed its preliminary assessment formally setting out its concerns. On this basis, Google then made a formal submission of commitments to the Commission,” said Antoine Colombani, the Commission’s spokesman on competition policy.

“We are now preparing the launch of a market test to seek feedback from market players, including complainants, on these commitment proposals,” he said, declining to provide details.

In the past,  Google has apparently  offered to label its own services in search results to differentiate them from competing services and put fewer restrictions on advertisers, according to the report.

In January 2013, the U.S. The Federal Trade Commission (FTC) has ended its they antitrust investigation of Google’s search engine practices. The outcome of these investigations was generally regarded as win for Google.

Google’s hierarchy will be hoping for more of the same here.

Source: Reuters

Posted by | Posted at April 11, 2013 17:32 | Tags: , , ,
Storm is a technology enthusiast, who resides in the UK. He enjoys reading and writing about technology.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Posts

Uploading Personal Photos To Samsung Frame TV

January 18, 2020
The latest Samsung TV with Art Mode dubbed the "Frame...

According to a New Report, Apple to Release iPhone with Out Notch in 2021

January 1, 2020
According to the latest report, Apple is planning to release...