European Commissioner Joaquin Almunia was on the defensive to MEPs this week as he justified his decision to settle with Google after a three-year investigation into the company’s search practices, say reports.
Almunia does not appear to be backing down from the settlement, despite receiving heavy criticism from fellow Commissioners, consumer groups and Google rivals over the deal.
Seven months after Almunia signaled an end to the case, reports say the competition watchdog has sent a note to MEPs that told lawmakers “Google has made far-reaching concessions as to the presentation of rivals on its page.”
Reports also say that the Commission is set to send pre-rejection letters to companies that filed complaints against Google with authorities; 18 companies filed such complaints, including Microsoft.
Google has been under watch by EU regulators and competition watchdogs throughout the globe for the way the company displays rivals’ search results, among other practices, with concern raised over allegations the company is abusing its dominant online search market position. A similar case also lead to a settlement between US authorities and Google; the company is now under scrutiny from the Competition Commission of India and is facing a fine of up to $5 billion as reports note that Google does not have the option to settle under Indian law in this case.
Full Content: Euractiv
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Redfin Settles $9.2M Commission Inflation Lawsuits
May 7, 2024 by
CPI
DOJ Supports Colorado’s Efforts to Block Kroger-Albertsons Merger
May 7, 2024 by
CPI
Japan Considers Regulation of AI Developers
May 7, 2024 by
CPI
European Commission Extends Decision Deadline for Ita-Lufthansa Merger
May 7, 2024 by
CPI
UK, US and Australia Sanction Senior Leader of LockBit Cybercrime Gang
May 7, 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