European Commissioner Juaquin Almunia said the regulator would be forced to take the “tougher” route to solve the current case with Google if negotiation talks break down. In a speech made in Madrid on Thursday, Almunia assured the Commission would send a statement of objections and potentially a ban on certain practices by Google for which the search giant is under investigation. Rivals of the company recently called for the watchdog to reject a settlement offer made by Google, labeling the concessions inadequate and potentially opening the door for future abuses. Earlier this week EU deputy director-general for antitrust Cecilio Madero confirmed the regulator has received “very negative” feedback from competitors concerning Google’s offer. Almunia stated, however, that he will continue on the assumption that a settlement is possible and that, if reached, the matter would be resolved by the end of the year.
Full Content: Bloomberg
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Attorney Challenges NCAA’s $2.78 Billion Settlement in Landmark Antitrust Cases
Oct 3, 2024 by
nhoch@pymnts.com
Former DOJ Antitrust Chief Megan Lewis Joins McGuireWoods as Partner
Oct 3, 2024 by
nhoch@pymnts.com
Tech Rivals Push for EU Crackdown on Microsoft Edge Dominance
Oct 3, 2024 by
CPI
Pork Industry Faces Legal Challenges as Antitrust Lawsuits Against Seaboard Foods Dismissed
Oct 2, 2024 by
CPI
CMA Strengthens Investigation with Advisory Panel of Veterinary Experts
Oct 2, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Refusal to Deal
Sep 27, 2024 by
CPI
Antitrust’s Refusal-to-Deal Doctrine: The Emperor Has No Clothes
Sep 27, 2024 by
Erik Hovenkamp
Why All Antitrust Claims are Refusal to Deal Claims and What that Means for Policy
Sep 27, 2024 by
Ramsi Woodcock
The Aspen Misadventure
Sep 27, 2024 by
Roger Blair & Holly P. Stidham
Refusal to Deal in Antitrust Law: Evolving Jurisprudence and Business Justifications in the Align Technology Case
Sep 27, 2024 by
Timothy Hsieh