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Wednesday, 25 July 2012

2012.07.24 19:55:56 Google Agrees to Outline of Europe Antitrust Deal -FT

Google Inc. (GOOG) has accepted the outline of an antitrust settlement
with Europe's competition commission and will now enter talks on a
formal agreement, the Financial Times reported Tuesday.

Under the outline, Google proposed concessions on both its PC-based
and mobile search services, according to the newspaper.

Google has addressed several EU concerns, including a claim that
Google's search results favor the company's own products, the FT
reported.

The office of Joaquin Almunia, the EU's competition commissioner,
declined to comment to the FT. A Google spokesman told the FT "we
continue to work cooperatively with the commission."


Full story at www.ft.com


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(END) Dow Jones Newswires

July 24, 2012 13:55 ET (17:55 GMT)

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