Thursday, 6 February 2014

Google bends to Brussels’ antitrust injunction

"The commissioner in charge of competition, Joaquín Almunia, accepted the concessions made by Google", which was facing a probe for allegedly discriminating against competing sites (like Kelkoo or Expedia), writes La Tribune on 6 February, after the American firm reached a deal with the European Commission.

Headlining that "in Europe, Google prefers to abdicate than to pay!", the French economic paper writes that
in  its last offer, the American giant accepted that, while displaying its own service for restaurants, hotels or consumer goods for example, it will also show the services of three competitors, selected with an objective method. The competitors will be displayed in a clearly visible way for the users and similar to the one used by Google, explained the Commission. An independent organisation will verify whether Google respects its commitments. 
A year ago, the U.S. Federal Trade Commission dropped a similar investigation. The FTC said Google was motivated more by innovation than by trying to stifle competition.

1 comment: