Monday, July 2, 2012

Google offers to settle EU antitrust probe


From Reuters: Google has offered to settle antitrust charges following an ultimatum by EU regulators investigating its business practices, in a move that could stave off a hefty fine.

EU Competition Commissioner Joaquin Almunia set an early July deadline for the world's most popular search engine to resolve the concerns of more than a dozen rivals, including Microsoft, or face formal charges.

"We have made a proposal to address the four areas the European Commission described as potential concerns. We continue to work cooperatively with the Commission," Google spokesman Al Verney said in a statement on Monday…


No comments:

Post a Comment