Wednesday, February 05, 2014

Google offers further search result concessions in EU anti-trust case


(Guardian) Google has offered further concessions to address regulatory concerns about its search results, the European commission said on Wednesday, taking the company a step closer to settling a three-year investigation and prevent a fine of up to $5bn (£3.1bn).

The world's dominant search engine has been the focus of a European commission investigation since November 2010, after more than a dozen complainants across Europe accused the company of promoting its own services at their expense.

Google has now made three attempts to resolve the case, with the latest moves looking like they will be enough to settle it.

"I believe that the new proposal obtained from Google after long and difficult talks can now address the commission's concerns," said competition commissioner Joaquín Almunia.

The commission said it would make a final decision after obtaining feedback from Google's rivals.

Reuters reported on 29 January that the EU's competition authority and Google were close to a deal to resolve the investigation.

Read full article here.

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