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EU: Google self-congratulates for handing of Commission’s probe

By  |  June 24, 2013

Google gave itself a pat on the back on Monday for its proposed concessions offered to the European Commission to settle the regulator’s investigation into the search giant. The probe, which has been ongoing for nearly three years, focuses on the way Google displays its search results; critics of the company’s proposed fixes to the issue say the concessions will only strengthen Google’s market dominance. Several companies have been outspoken about Google, claiming it has squeezed them out the market. If the Commission does not accept Google’s offer, the search engine faces a fine of up to $5 billion. EU Commissioner Joaquin Almunia stated earlier that the concessions will very likely need revision.

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