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July 17, 2013 10:47 am -04

EU regulators say Google must improve its antitrust concession offer

The European Union's antitrust chief, Joaquin Almunia, told a news conference today that the commission had deemed Google's recent concession offer insufficient. According to a Reuters report, Almunia has written a letter directly to Eric Schmidt demanding that the company "present better proposals", following the antitrust inquiry into Google's search and page ranking behavior. "After an analysis of the market test that was concluded on June 27, I concluded that the proposals that Google sent to us are not enough to overcome our concerns." The search giant's proposals were handed to the European Commission back in April, following its three-year investigation, with the regulator involving both Google's rivals and third parties in its decision-making process. We've reached out to Mountain View for comment and will tell you more when we hear it, and you can check out some of those rejected proposals at the More Coverage link.

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Source: Reuters


Original Link: http://www.engadget.com/2013/07/17/eu-regulators-google-antitrust-offer/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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