Get All Access for $5/mo

Google Pats Itself on Back for Response to EU Antitrust Probe The tech giant says it 'did a pretty good job' replying to the European Union's concerns that it blocks competitors in web search results.

By Ethan Bilby

This story originally appeared on Reuters

Reuters/Andrew Kelly

Google said on Monday 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 serve only to reinforce its dominance.

The world's most popular search engine has been under investigation for nearly three years by the European Commission, the EU executive.

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 $5 billion. It offered to label its own products in internet search results and make it easier for advertisers to move to rival platforms.

Its competitors, asked by the Commission to comment on the proposals, said the plans would actually strengthen Google's dominance of internet searches by forcing rivals to compete among themselves, and would also raise their costs.

EU Competition Commissioner Joaquin Almunia said Google would almost certainly be asked to improve its proposals.

However Google's general counsel Kent Walker said on Monday that 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 on the company's Europe blog.

"That's why we focused on addressing the Commission's specific concerns, and we think we did a pretty good job."

Walker's were the first substantial comments from Google on the matter since it made its offer.

If the Commission decides Google's proposals resolve the competition concerns, they can make the commitments legally binding for the company.

The U.S. Federal Trade Commission ended its investigation into the same matter without any significant action in January, handing Google a major victory.

Brussels-based @Reuters correspondent and China watcher covering all things EU.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

Sales of This One Throwback Device Grew 14-Fold in a Year — And Your Boss May Be Using One

The most-coveted tech might not be the iPhone 16 or Pixel AI — it's the "dumbphone."

Franchise

McDonald's Is Extending Its $5 Meal Deal Promotion — Get the Details Here

Originally billed as a limited-time response to provide relief to inflation-strapped consumers, the promotion has gained traction with customers demanding value from fast-food brands.

Business News

Alleged Violations Force Home Depot Into $1.9 Million Settlement

The company settled but admitted no wrongdoing.

Business Solutions

What is a Family Office and Why Should It Matter to Entrepreneurs?

Here's how Family Offices can provide patient capital, strategic partnerships and long-term growth opportunities for mission-driven entrepreneurs.

Growing a Business

How Entrepreneurs Can Leverage Distribution to Unlock New Growth Opportunities

No matter how big your brand is, a diverse distribution mix is critical to a sustainable business model.