A top Germany official is urging consideration of a forced breakup of Google because its market dominance is so strong, according to reports.
Germany economy minister and vice chancellor Sigmar Gabriel says a breakup “must be seriously considered,” though reports note that his remarks are unlikely to lead to action because Google is based in the US.
But Gabriel said he would like to see a breakup of the company similar to those seen with utilities.
His remarks, made in an op-ed published in daily newspaper Frankfurter Allgemeine Zeitun, follow various media companies from around the EU filing a complaint with the European Commission over Google. The companies, along with Google rivals, consumer advocates and even some EU Commissioners, have all criticized Commissioner Almunia’s decision to settle with Google after years of investigating complaints that the company abused its market power.
Full content: Albuquerque Journal
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Judge Mehta Questions Both Sides in Landmark Google Antitrust Case
May 2, 2024 by
CPI
FCC Urges Urgent Funding for Removal of Chinese Telecom Equipment from U.S. Networks
May 2, 2024 by
CPI
Former Pioneer CEO Facing Potential Criminal Charges For Colluding With OPEC
May 2, 2024 by
CPI
South Korea’s Antitrust Regulator Greenlights K-Pop Powerhouse Deal
May 2, 2024 by
CPI
Exxon’s Pioneer Purchase Approved, Former CEO Barred from Board
May 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI