Rivals get longer to comment on Google EU antitrust offer: Report

Advertisement
By Reuters | Updated: 20 May 2013 17:28 IST
EU antitrust regulators have given some of Google's rivals more time to study its proposals to settle anti-competitive complaints, which could provide more leverage to pry further concessions from the Internet search giant.

The European Commission last month told interested parties they had until May 26 to say if they are satisfied with the offer by the world's most popular search engine to mark out its services from rival products in Internet search results.

The EU antitrust authority has given some rivals until June 27 to complete their technical analysis of Google's proposals, said one person familiar with the matter.

Advertisement

The regulator is able to grant extensions if there are strong grounds for doing so. A Commission competition spokesman, Antoine Colombani, declined to comment on the Google case.

Several Google competitors and complainants about the company's practices have been critical of the proposed settlement, which includes providing links to at least three competing search engines, and allowing rivals to stop Google from using specific information.

According to British price comparison site Foundem, Google's offer would only reinforce its dominance. Google has more than 80 percent share of the market in Europe, according to research firm comScore.

Other critics said the proposal would force rivals to compete among themselves, raising their costs and increasing merchants' dependency on Google.

Advertisement

If Google clinches a deal with the Commission, it would avoid a finding of infringement of competition rules and a possible fine that could be as much as $5 billion or 10 percent of its global revenue.

© Thomson Reuters 2013

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Antitrust, EU Antitrust, Google
Advertisement

Related Stories

Popular Mobile Brands
  1. Best Phones With Telephoto Cameras Under Rs. 40,000
  2. OnePlus 16 vs iQOO 16: Price and Specifications Compared
  1. Samsung Galaxy F70 5G With 5,000mAh Battery, 50-Megapixel Camera Goes on Sale in India: Price, Offers
  2. Apple ‘Pro and Tell’ Event Set for Next Week; First MacBook With Touchscreen, New iPad Mini and More Expected to Launch
  3. Cysic Shuts Down Bridge After Attacker Illegally Creates 10 Million CYS Tokens
  4. JPM Coin Arrives on Ethereum as JPMorgan Expands Institutional Payments
  5. Vivo V80 FE Reportedly Spotted on BIS Certification Website, India Launch Seems Imminent
  6. Airtel’s New Recharges in India Announced: Rs. 185, Rs. 203 and Rs. 206 Voice-Only Plans Details
  7. Vivo X500 Ultra Leak Reveals Launch Timeline, Chipset, Display and Key Specifications
  8. iQOO Neo 12 Launch Date Announced; Design, Colour Options Teased
  9. Qubic Halts Chain as Attacker Exploits Weak Seeds to Drain 1,400 Wallets
  10. iPhone Duo Battery Capacity Revealed Days Before Foldable Goes on Sale
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.