Google has made a rare public statement defending its business practices following reports that the European Commission would demand more concessions from the company to end an antitrust probe, say reports.
Rachel Whetstone, a Google spokesperson, wrote a blog post this week addressing News Corp’s recent complaint filed to the EU against Google. News Corp accused the search giant of being “willing to exploit its dominant market position to stifle competition.”
But in the blog post, addressed to Rupert – in reference to News Corp controller Rupert Murdoch – Google said it is “not the gatekeeper to the web, as some claim,” adding that companies like Amazon, Yelp, Kayak and TripAdvisor all provide significant competition against Google’s search services. Further, Whetstone wrote, those companies see growing profits thanks to Google’s search traffic to the sites.
The Commission’s competition chief recently announced that he would order further concessions from Google, backtracking from earlier agreements to accept a settlement from the company. The case will now continue and be handed down to Almunia’s successor, Margrethe Vestager. Google is reportedly working on a revised offer to settle the matter.
Full content: Businessweek
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC Files Suit Against Liquor Giant Southern Glazer’s Over Discount Disparities
Dec 12, 2024 by
CPI
Racing Rivals Accuse NASCAR of Retaliation in High-Stakes Antitrust Battle
Dec 12, 2024 by
CPI
Samsung Challenges Indian Antitrust Investigation, Calls Raid “Unlawful”
Dec 12, 2024 by
CPI
European Sites Criticize Google’s Compliance Efforts with DMA
Dec 12, 2024 by
CPI
Banco BPM Overcomes Regulatory Hurdle in $1.7 Billion Bid
Dec 12, 2024 by
CPI
Antitrust Mix by CPI
Coopetition in The Pharma Industry: Challenges for Antitrust
Dec 12, 2024 by
Juan Delgado & Lourdes Sosa
Symmetry and the Sixth Force: The Essential Role of Complements
Dec 12, 2024 by
Adam Brandenburger & Barry Nalebuff
ESG Collaborations in Light of European Antitrust Policy and Enforcement Trends
Dec 12, 2024 by
Christian Ritz, Julia Gingelmaier & Kyra Harmes
Antitrust Chronicle® – Co-opetition
Dec 11, 2024 by
CPI
Antitrust Chronicle® – Moats & Entrenchment
Nov 29, 2024 by
CPI