Google Inc. (GOOG) has accepted the outline of an antitrust settlement with Europe's competition commission and will 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 Write to nymonitoring@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires