Share

EU nears Google anti-trust deal

Brussels - The EU executive hopes to close a high-stakes anti-trust dispute with Internet giant Google by next spring, Competition Commissioner Joaquin Almunia said on Tuesday, with a settlement seeming increasingly possible.

The Commission, the EU's executive, has accused Google of giving unfair preference in its search results to its own services, such as surveys of restaurants and hotels.

Google attempted to assuage the concerns earlier this year, but the EU said the US internet giant still fell short of satisfying complaints with plaintiffs and Google competitors.

But a new proposal submitted early in September and worked on with the Commission ever since shows "significant improvements", Almunia told lawmakers in European Parliament.

He said a questionnaire will now be put to plaintiffs and market participants "in order to conclude whether this new proposal is satisfactory from a competition point of view."

If satisfactory, the commission will continue on the negotiated settlement route "and end up with a formal decision next spring," he said.

Brussels launched its investigation of Google in November 2010 following a complaint by several companies, including Microsoft.

Google holds about 70% of the search engine traffic in the US and 90% in Europe. In January, US authorities absolved Google of non-competitive practises in a very similar case.

A company found at fault in an EU anti-trust probe can face fines of up to 10% of its total annual sales.


We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.10
+0.1%
Rand - Pound
23.79
+0.0%
Rand - Euro
20.44
+0.1%
Rand - Aus dollar
12.44
-0.4%
Rand - Yen
0.12
+0.1%
Platinum
923.50
+0.4%
Palladium
1,035.00
+0.9%
Gold
2,327.81
+0.3%
Silver
27.38
+0.3%
Brent-ruolie
88.42
+1.6%
Top 40
68,051
0.0%
All Share
74,011
0.0%
Resource 10
59,613
0.0%
Industrial 25
102,806
0.0%
Financial 15
15,897
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders