By Foo Yun Chee BRUSSELS (Reuters) – Europe's antitrust chief dismissed on Friday accusations of anti-U.S. bias over her decision to go after Google for abusing its Internet search dominance and Apple over an Irish tax deal, saying such talk was a fallacy
Read moreThe European Union accused Google Inc on Wednesday of cheating consumers and competitors by distorting Web search results to favor its own shopping service, after a five-year investigation that could change the rules for business online. Competition Commissioner Margrethe Vestager said Google, which dominates Internet search engine markets worldwide, had been sent a Statement of Objections – effectively a charge sheet – to which it has 10 weeks to respond.
Read moreThe European Union’s charges against Google Inc for distorting Web search results to favor its own shopping service are unlikely to hurt the company’s valuation, analysts said. The charges, which come after a five-year investigation, could lead to a fine of up to 10 percent of Google’s annual sales, or about 6.2 billion euros ($6.6 billion).
Read moreBy Julia Fioretti BRUSSELS (Reuters) – The European Commission charged Google Inc on Wednesday with cheating competitors by distorting Internet search results to favor its own shopping service, and opened a separate investigation into its Android mobile operating system. When the investigation was opened in November 2010, then Competition Commissioner Joaquin Almunia set out four concerns. The first, to which Wednesday’s statement of objections relates, concerns the way in which Google allegedly positions its Google Shopping service above rivals’ services, irrespective of its merits
Read moreThe European Union accused Google Inc on Wednesday of cheating competitors by distorting Internet search results in favor of its Google Shopping service and also launched an antitrust probe into its Android mobile operating system. “Today’s statement of objections on comparison shopping is of course limited.
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