Featured Articles

HP Stream is a Chromebook killer priced at $200

HP Stream is a Chromebook killer priced at $200

We have been hearing reports of a new breed of affordable Windows notebooks for months. It is alleged that a number…

More...
AMD Radeon R7 SSD line-up goes official

AMD Radeon R7 SSD line-up goes official

AMD has officially launched its first ever SSDs and all three are part of AMD’s AMD Radeon R7 SSD series.

More...
KitKat has more than a fifth of Android users

KitKat has more than a fifth of Android users

Android 4.4 is now running on more than a fifth of Android devices, according to Google’s latest figures.

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 11 June 2012 13:37

EU opens anti-trust negotiations with Google

Written by Nick Farrell

eu

Name your “remedy”

Competition Commissioner Joaquin Almunia said Google must start to negotiate on remedies to protect competition or face potentially heavy fines. He told a conference that he expected to receive from Google concrete signs of their willingness to explore this route by early July.

The deadline will bring the first stage of the European antitrust authorities investigation to a close. If Google does not negotiate, regulators will issue a formal “statement of objections” in response to complaints by more than a dozen rivals, who claimed it abuses its dominant position in general web to promote its own secondary services such as price comparison, he said.

Almunia added that if the negotiations go pear shaped formal proceedings will continue through the adoption of a statement of objections. After the statement of objections, the Commission could impose fines of up to 10 per cent of Google global revenues, which were $37.9bn in 2011. This could go a long way to sorting out Greece’s debt problems

Almunia believed that users and competitors would greatly benefit from a quick resolution of the case. Recent signals from Google have suggested it is in no mood to back down which could make things a lot more expensive.


Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments