In what reports are calling an “unusual” decision, Google has published its concessions offer online, revealing the settlement proposed that was accepted by European Commissioner Joaquin Almunia to end a three year investigation into the company’s search practices.
The move comes as European Commissioners voice their opposition to Almunia’s approval of the concessions without a market test of the offer.
Two previous offers by Google were rejected by the Commission following market tests.
According to reports, Google likely decided to publish its offer to boost transparency and appease rivals who claim an offer cannot be cleared without testing it first.
In the document, Google outlines how its search results will be altered to display rival results, changes to its advertising, and an agreement to “appoint one or more natural or legal person(s)…who is/are subject to prior written approval by the Commission, to monitor Google’s compliance with the duties and obligations set out in these Commitments.”
Full Content: Google Docs
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