EBay Inc Chief Executive John Donahoe has supported arguments made by Google Inc in its defense in an antitrust case, saying the two companies are direct competitors in online shopping, the Financial Times reported.
Barriers between different areas of online commerce are breaking down, Donahoe said in an interview with FT, highlighting the challenges the European Commission faces in bringing the high-profile case.
The European Union accused Google of cheating consumers and competitors by distorting Web search results to favor its own shopping service, after a five-year investigation that could change the rules for business online.
Google said in a blog post that it strongly disagreed with the EU’s statement of objections and would make the case that its products have fostered competition and benefited consumers.
Full Content: The Financial Times
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