Connect with us

Hi, what are you looking for?


EU puts new squeeze on Google in anti trust probe

Google logo/FILE

Google logo/FILE

BRUSSELS, September 9 – US Internet giant Google must come up with “new solutions” to meet complaints from competitors about its proposed anti-trust settlement with Brussels, EU Competition Commissioner Joaquin Almunia has said.

Google and the Commission agreed a deal in February over charges the world’s largest search engine was squeezing out competitors in Europe, so avoiding a legal action and potentially billions in fines against the company.

A key feature of the February agreement was that Google would give equal prominence to rival services displayed on its pages, with competitors arguing the company has abused its dominant position in the European market where it accounts for 90 percent of business.

At that time, Almunia said he had expected to wrap up the deal in 2014 once the last competitor complaints were resolved.

However since then “some complainants introduced new arguments, new data, new considerations”, Almunia told Bloomberg TV in an interview.

“We need to analyse this and to see if Google can find solutions to some of these concerns that we consider justified,” he said.

EU rules state that a company found at fault in an anti trust probe can be fined up to 10 percent of its annual sales, in Google’s case some $55.5 billion in 2013.

Click to comment

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...


NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...


NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...


NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...


NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...