Google presents proposal to the European Union

Google has submitted detailed proposals to resolve doubts about anticompetitive practices, which for two years has been investigating the European Commission.

Competition Commissioner, Joaquin Almunia, confirmed to Reuters they had received the report from Google, but declined to provide the detail of the potential contents.

"They are monetising this kind of business, the strong position they have in the search market and this is not only a dominant position, I think – I fear – there is an abuse of dominant position."

In the event that the explanations or corrections Google does not satisfy the EC could face a fine of 3,000 million Euros, approximately 10% of their turnover.

Google is accused of favouring its search services over those of its rivals, to prevent their customers can take their campaigns to other sites and take advantage of content from other sites to add to their own pages.

Similar research conducted by the Agency of the U.S. Commerce ended the absolute acquittal of the accused, which was criticized by competitors and by different congressmen.

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Posted by Farasat Ali on Feb 2 2013. Filed under Sci-Tech. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry