View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
June 25, 2013

Google commends itself over response to EU probe

Concessions are aimed at ending a case that could have led to a fine of up to $5bn.

By CBR Staff Writer

Search engine company Google has said it has done a ‘good job’ by alleviating EU antitrust concerns that it unfairly posed hurdles to competitors in search results, by proposing concessions.

Google, which had been under the scrutiny of the European Commission for almost three years, came up with concessions in April.

These concessions were aimed at ending a case that could have led to a fine of up to $5bn, according to Reuters.

The search engine company has now offered to label its own products in internet search results, which will now let advertisers transition to rival platforms.

The competitors of the company, however, said the plans would further boost Google’s supremacy of searches on Internet as it would compel rivals to compete among themselves, and increase their costs too.

EU Competition Commissioner Joaquin Almunia was quoted by the news agency as saying that it could surely ask Google to improve its proposals.

Google’s general counsel, Kent Walker, contended that the company offered reasonable concessions.

Content from our partners
<strong>Powering AI’s potential: turning promise into reality</strong>
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline

"Our proposals are meaningful and comprehensive, providing additional choice and information while also leaving room for future innovation," Walker said.

"That’s why we focused on addressing the Commission’s specific concerns, and we think we did a pretty good job."

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU