Joaquín Almunia’s speech given at the 19th International Competition Law Forum in St. Gallen provided an update on the European Commission’s recent activity in antitrust. Included in the list was an update on the pending Google case, which Almunia described as work being carried out in “less established industries,” where competition policy had to be balanced with innovation. As articulated in the May 21 letter sent to Google CEO Eric Schdmit, Almunia repeated the Commission’s desire for a quick resolution. As such, he said he expected to receive Google’s response by early July. However, if negotiations break down, Almunia will press forward with charges against Google: “formal proceedings will continue through the adoption of a Statement of Objections.”
Full content: EC Press Release
Related content: The Microsoft Case and Google (Stephen Houck, Menaker & Herrmann)
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI