Google backs down in EU spat

Stefan Mileschin · 7th February 2014, 07:39

After threats of a $5 billion fine, search engine outfit Google has finally agreed to make concessions on how it displays competitors' links on its website.

Google struck a deal with the European Union regulator that ended a three-year antitrust probe and avoided a fine. It has to stick to the deal for five years.

The search engine outfit may still face a second EU investigation, this time into its Android operating system for smartphones and this could get it into a bigger mess.

This current row was the subject of a European Commission investigation into its internet search practices in November 2010, when more than a dozen complainants, including Microsoft whinged. Two attempts to resolve the case failed because Google claimed it had done no evil.

Not everyone is happy with the EU deal. Competition Commissioner Joaquin Almunia said he would accept Google's latest concessions without consulting the complainants, which seems to have prompted a furious response from critics.

http://news.techeye.net/business/goo...own-in-eu-spat

7th February 2014, 07:39	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,514	Google backs down in EU spat After threats of a $5 billion fine, search engine outfit Google has finally agreed to make concessions on how it displays competitors' links on its website. Google struck a deal with the European Union regulator that ended a three-year antitrust probe and avoided a fine. It has to stick to the deal for five years. The search engine outfit may still face a second EU investigation, this time into its Android operating system for smartphones and this could get it into a bigger mess. This current row was the subject of a European Commission investigation into its internet search practices in November 2010, when more than a dozen complainants, including Microsoft whinged. Two attempts to resolve the case failed because Google claimed it had done no evil. Not everyone is happy with the EU deal. Competition Commissioner Joaquin Almunia said he would accept Google's latest concessions without consulting the complainants, which seems to have prompted a furious response from critics. http://news.techeye.net/business/goo...own-in-eu-spat

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