BRUSSELS: Google faces arguably its biggest challenge next week when it will have to decide whether to respond to an ultimatum by EU antitrust regulators to come up with concessions to soothe competition concerns or fight it out and risk a hefty fine.
EU Competition Commissioner Joaquin Almunia has given the world's most popular search engine until early July to try to settle an 18-month investigation triggered by more than a dozen complaints.
Playing hardball may cost Google a near $4 billion fine, 10 per cent of its 2011 revenues of $37.9 billion, the maximum that the European Commission can levy.
Following are some key facts about the European Commission's investigation into the company's business practices:
The complainants: Sixteen companies have taken their grievances to the EU watchdog to date, with Microsoft the highest profile.
Microsoft-owned German price comparison site Ciao, French legal search engine eJustice and its parent 1plusV, British comparison site Foundem, Dutch football website Elfvoetbal, German online mapping company Hotmaps, French publishing company Interactive Lab, Italian company nnpt.it and French online daily deals company Dealdujour.pro have all made complaints.
The others are the Spanish Association of Daily Newspaper Publishers (AEDE), French shopping comparison site Twenga, British online mapping company Streetmap, online travel sites Expedia and Tripadvisor, and online travel group Odigeo, which has four brands including e-Dreams and Opodo.
The Commission's four areas of concerns: Google may have favoured its own search services over those of rivals; it may have copied travel and restaurant reviews from competing sites without their permission; its advertising deals with websites may have blocked rivals; its contractual restrictions may prevent advertisers from moving their online campaigns to rival search engines.
EU Competition Commissioner Joaquin Almunia has given the world's most popular search engine until early July to try to settle an 18-month investigation triggered by more than a dozen complaints.
Playing hardball may cost Google a near $4 billion fine, 10 per cent of its 2011 revenues of $37.9 billion, the maximum that the European Commission can levy.
Following are some key facts about the European Commission's investigation into the company's business practices:
The complainants: Sixteen companies have taken their grievances to the EU watchdog to date, with Microsoft the highest profile.
Microsoft-owned German price comparison site Ciao, French legal search engine eJustice and its parent 1plusV, British comparison site Foundem, Dutch football website Elfvoetbal, German online mapping company Hotmaps, French publishing company Interactive Lab, Italian company nnpt.it and French online daily deals company Dealdujour.pro have all made complaints.
The others are the Spanish Association of Daily Newspaper Publishers (AEDE), French shopping comparison site Twenga, British online mapping company Streetmap, online travel sites Expedia and Tripadvisor, and online travel group Odigeo, which has four brands including e-Dreams and Opodo.
The Commission's four areas of concerns: Google may have favoured its own search services over those of rivals; it may have copied travel and restaurant reviews from competing sites without their permission; its advertising deals with websites may have blocked rivals; its contractual restrictions may prevent advertisers from moving their online campaigns to rival search engines.
News by :Inditimes
No comments:
Post a Comment