EU regulators are seeking feedback from Google’s rivals and other third parties on the company’s latest attempt to settle antitrust allegations against it in Europe. If the company can come to a settlement, it will avoid the expense of a messy trial as well as a possible $5 billion fine. To settle the affair, Google has offered to reduce what it would charge rivals to show their links in specialized search queries to 3 euro cents per click from 10 euro cents per click, according to a report quoting an unnamed European Commission official.
Loading ...
Google Rivals Get Another Shot at EU Antitrust Deal-Busting
Posted by: Erika Morphy October 28, 2013 03:37 PMEU regulators are seeking feedback from Google’s rivals and other third parties on the company’s latest attempt to settle antitrust allegations against it in Europe. If the company can come to a settlement, it will avoid the expense of a messy trial as well as a possible $5 billion fine. To settle the affair, Google has offered to reduce what it would charge rivals to show their links in specialized search queries to 3 euro cents per click from 10 euro cents per click, according to a report quoting an unnamed European Commission official.