‘ Google Could Face Record Fine for Breaching EU Competition Rules ‘

#AceWorldNews – BRUSSELS – September 22 – Google could face a record fine for breaching EU competition rules, the European Commission’s competition chief has said, warning that its four year investigation into the US search engine could eventually rival the sixteen years spent investigating software rival Microsoft.

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Presenting the Commission’s annual competition report in the European Parliament on Tuesday (23 September), Joaquin Almunia said that he had asked Google “to improve its proposals” or face a formal ‘Statement of Objections’, including a possible fine, if its latest offer did not go “in the right direction”.

Google faces a total of twenty complaints from its rivals, including Microsoft.

“Some of the twenty formal complainants have given us fresh evidence and solid arguments against several aspects of the latest proposals put forward by Google,” Almunia told MEPs.

“We now need to see if Google can address these issues and allay our concerns,” said Almunia, although he noted that “Microsoft was investigated for 16 years, which is four times as much as the Google investigation has taken, and there are more problems with Google than there were with Microsoft.”

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