Reuters: Technology News: EU antitrust regulator says received Google proposals

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EU antitrust regulator says received Google proposals Feb 1st 2013, 09:09 Tweet Share this Email Print Related News FTC chairman Leibowitz to step down in February Thu, Jan 31 2013 EU regulator charges J&J, Novartis over Dutch painkiller delay Thu, Jan 31 2013 EU antitrust regulators block 5.2 billion euro UPS, TNT deal Wed, Jan 30 2013 EU regulator extends Ryanair, Aer Lingus review to March 6 Wed, Jan 23 2013 Google's fourth-quarter results shine after ad rate decline slows Tue, Jan 22 2013 Analysis & Opinion Chinese firms like Europe but could do without red tape Getting Europe out of its mess Related Topics Investing and Taxes Simplified » Tech » Media » A neon Google logo is seen as employees work at the new Google office in Toronto, November 13, 2012. Credit: Reuters/Mark Blinch BRUSSELS | Fri Feb 1, 2013 4:09am EST BRUSSELS (Reuters) - Google has presented detailed proposals to allay anti-competitive concerns about its business practices, the EU antitrust regulator said on Friday, in a move which brings the company a step closer to resolving a two-year investigation. The European Commission has been investigating the world's most popular search engine following complaints from more than a dozen companies, including Microsoft, that Google has used its market power to block rivals. Asked if he had received Google's proposal to resolve the matter, EU Competition Commissioner Joaquin Almunia told Reuters: "Yes." He declined to provide details on the proposal, adding only: "We are analyzing it." The Commission, which acts as competition regulator in the 27-member European Union, is now expected to seek feedback from Google rivals and other interested parties. Almunia said in December he was giving Google until this month to present a comprehensive offer to allay regulatory concerns and stave off a possible fine, which could be as much as 10 percent of global turnover if a company is found to be in breach of EU rules. The Commission has said Google may have favored its own search services over those of rivals, and copied travel and restaurant reviews from competing sites without permission. The EU executive is also concerned the company may have put restrictions on advertisers and advertising to prevent them from moving their online campaigns to competing search engines. Earlier this month, Google won a major victory when U.S. antitrust regulators ended their investigation, saying the company had not manipulated its web search results to block rivals. (Reporting by Foo Yun Chee; editing by Rex Merrifield) Investing and Taxes Simplified Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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