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EU antitrust chief keeps open threat to break up Google: report

EU antitrust chief keeps open threat to break up Google: report

Postby smix » Mon Mar 26, 2018 4:43 pm

EU antitrust chief keeps open threat to break up Google: report
Reuters

URL: http://www.reuters.com/article/us-eu-go ... SKBN1H110H
Category: technologyNews
Published: Sun, 25 Mar 2018 18:33:04 -0400

Description: (Reuters) - The European Union holds "grave suspicions" about the dominance of internet giant Google and has not ruled out breaking it up, according to a warning by the EU's antitrust chief, Britain's Telegraph reported on Sunday. European Commissioner for Competition Margrethe Vestager reckons the threat to split Google into smaller companies must be kept open, the newspaper said. Google currently faces new EU rules on its commercial practices with smaller businesses that use its services. Late last year, Vestager said more cases against Google were likely in the future, after the European Commission slapped a record 2.4 billion euro ($2.97 billion) fine on the world’s most popular internet search engine and told the firm to stop favoring its shopping service. The European Commission is in the process of drafting a new regulation aimed at regulating e-commerce sites, app stores and search engines to be more transparent in how they rank search results and why they delist some services. The antitrust chief’s office was not immediately available for comment on the Telegraph report.
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