Monday, December 5, 2011

Google

President meets with head of the European Commission antitrust amid signs the search giant is accused of abuse of

Google CEO Eric Schmidt has complied with the European Competition Commissioner amid signs that the search giant is accused of abusing its dominant position in the market.

If convicted, Google could face fines of 10% of its annual turnover in the region, or monitoring of how to run a search online and companies advertising in Europe.

The European Commission estimates that 400-page "statement of objections" to go to Google in the next eight weeks on their findings against the company.

The Financial Times reports that "Google is blamed for the abuse many and multifaceted."

Schmidt met with Joaquin Almunia, head of the antitrust commission to monitor their discussions in January, when the commission began to contact companies on their experience in handling competition in Google research and advertising.

Almunia

Department began formal antitrust investigation 30 November 2010 on "allegations that Google Inc. has abused a dominant position in online searches in violation of European Union standards. "

In Europe, companies that dominate a market to be careful not to block other potential rivals - unlike the U.S., which have and defend a legal monopoly, but the use to monopolize new areas. The Commission may impose severe restrictions or companies for violation fines.

complaints that led to the seminal research: Ciao, a site owned by Microsoft, Foundem, a British "vertical search" company that 1PlusV search engines in France, Euro-Cities, a company German offers online mapping. and two industry groups representing German newspapers and magazines

unjustly claim that Google has its own services such as maps and purchases from the top of search results, blocking rival advertising services, content and uses new organizations "unfairly.


But Almunia said last week:
"This is not a meeting to discuss in detail a case study for my services ... This is not a meeting to negotiate anything. "

Google is also trying to obtain Commission approval for its offer of $ 12.5 billion (£ 8 billion) for the mobile phone company Motorola Mobility in a transaction approved by the Board of Directors of companies in August.
Microsoft and Intel have fallen so much in need of the European Commission on competition abuses in the past, and had to pay fines of more than ? 1bn (£ 850m) in the solution. Intel has appealed the decision. Microsoft has tried to resist the following without success.


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