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E.U. Says Google Must Come Up With More Concessions Over Anti-Trust Investigations
engine

WebmasterWorld Administrator engine us a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



 
Msg#: 4637661 posted 6:08 pm on Jan 15, 2014 (gmt 0)

The European Union wants Google to come up with more concessions within weeks if it is to avoid formal charges in an investigation into alleged anti-competitive behaviour, a top official said on Wednesday.

EU Competition Commissioner Joaquin Almunia said he was still waiting to receive Google's response to his opinion that concessions offered so far by the internet search giant do not go far enough to address the EU's concerns.E.U. Says Google Must Come Up With More Concessions Over Anti-Trust Investigations [reuters.com]


Earlier story

Google's Global Privacy Counsel Says EU Privacy Laws "Flawed" [webmasterworld.com]

 

superclown2

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Msg#: 4637661 posted 11:35 pm on Jan 15, 2014 (gmt 0)

If I read it correctly the maximum fine is not just 10% of global turnover but 10% for every year that they are adjudged to be in breach of EU law. By the time it's settled we should have enough to bailout Greece and Cyprus at least.

And our privacy people haven't really started yet. Interesting times ahead.

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