Google, European Commission reach agreement on antitrust case

The deal, under which Google offered to display results from search rivals, would let them avoid paying a huge fine

IANS Brussels
Last Updated : Feb 06 2014 | 9:02 AM IST

The European Commission said Wednesday it reached an agreement in principle with Google that could end its antitrust investigation of the tech giant.

The deal, under which Google offered to display results from search rivals, would let the California-based company avoid paying a huge fine.

"I believe that the new proposal obtained from Google after long and difficult talks can now address the commission's concerns," European Commission Vice President Joaquin Almunia, who is in charge of regulating competition, said.

The antitrust probe of Google's search business started in November 2010.

Competitors and other parties will have the opportunity to weigh in on the case before the European Commission makes a final decision on whether to accept the offer made by Google.

Google offered to display the results of three rival search services selected by an objective method whenever someone makes a query on its website.

"Without preventing Google from improving its own services, it provides users with real choice between competing services presented in a comparable way; it is then up to them to choose the best alternative. This way, both Google and its rivals will be able and encouraged to innovate and improve their offerings," Almunia said.

The European Commission continues investigating other areas of Google's business, such as the patents held by its Motorola unit and its Android operating system, Almunia said.

The tech giant plans to make "significant changes" to the way it operates in Europe, Google general counsel Kent Walker said in a statement.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 06 2014 | 5:34 AM IST

Next Story