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EU Almunia: Google To Offer Remedies In Anti-trust Case

Date : 05/21/2012 @ 7:09AM
Source : Dow Jones News
Stock : Microsoft Corp. (MM) (MSFT)
Quote : 45.43  0.55 (1.23%) @ 8:10PM
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EU Almunia: Google To Offer Remedies In Anti-trust Case

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The European Commission said Monday it would offer internet giant Google Inc. (GOOG) the chance to offer remedies against anti-trust complaints brought by more than a dozen companies, including Microsoft Corp. (MSFT).

Competition Commissioner Joaquin Almunia said Google had been pushing for a settlement in the case and therefore offered the company the opportunity to propose remedies to four areas of concern, including general Internet searches.

"I offer Google the possibility to come up in a matter of weeks with remedies," said Almunia.

The European Union watchdog launched an investigation last November into the world's most popular search engine after more than a dozen rival accused it of abusing its dominant position in the market for Web search engines.

Last month, Expedia Inc. (EXPE) became the latest big company to take their case to the Commission.

-By Vanessa Mock, Dow Jones Newswires; vanessa.mock@dowjones.com +32 2 2741 1484



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