‘Google could face EU antitrust charges imminently: report’ – ‘Econsultancy’ Blog
Patricio Robles says, “The Wall Street Journal is reporting that EU regulators are possibly just weeks away from slapping Google with antitrust charges based on complaints similar to those levelled against it in the United States.
Despite the fact that staffers at the United States Federal Trade Commission (FTC) concluded that Google harmed “innovation in online search and ad markets” the search giant managed to dodge antitrust charges that could have threatened the company’s search dominance.
According to the Wall Street Journal’s sources, EU regulators have been seeking for companies that filed confidential complaints about Google are granted permission to publish some of the information in their complaints publicly.
That could be a crucial step in making a public case for action that could be as significant as fines totalling as much as 10% of Google’s annual revenue, or even the breakup of Google as a company”.
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