GOOGLE said yesterday it had done a good job coming up with concessions to allay EU antitrust concerns it blocks competitors in web search results, as it sought to deflect criticism the proposals would only reinforce its dominance.
The world’s most popular search engine has been under investigation for nearly three years by the EC.
More than a dozen companies, including Microsoft, British price comparison site Foundem and German online mapping company Hotmaps, have accused it of squeezing them out of the market.
Google proposed concessions in April, hoping to end a case which could otherwise lead to a fine of up to $5bn. It offered to label its own products in internet search results and make it easier for advertisers to move to rival platforms.
But Google’s general counsel Kent Walker said its offer went far enough. “Our proposals are meaningful and comprehensive, providing additional choice and information while also leaving room for future innovation,” Walker said.
City A.M. Reporter