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EU: Speculation mounts over details of Google’s settlement

By  |  February 7, 2013
EU: Speculation mounts over details of Google’s settlement

While reports have emerged that Google has, in fact, submitted last-minute concessions to settle the European Commission’s investigation into the search giant, the details of that settlement remain unknown. The Commission has not only declined to outline the settlement to the press, but has also refused to offer a timetable it would follow to set a deadline to complete that settlement proposal’s assessment. Commissioner Joaquin Almunia has stated that Google is at risk for being found in violation of competition law in up to four areas involving how the company presents search results. If the settlement offer is not sufficient to end an the investigation and remedy concerns, Google faces up to a 10 percent of its worldwide turnover in fines.

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