Google could face breakup in EU

27 Mar 2018

1

Google faces the possibility of a breakup in Europe in a bid by anti-trust authorities to prevent it “from becoming too large to challenge.”

Margrethe Vestager, the European Competition Commissioner, told Britain’s The Telegraph newspaper that it is important to keep that question open and on the agenda. “We are not there yet, but it is important to keep an awakened eye,” she said. “We have proven Google's dominance in search, and we have found they have misused this dominance to promote themselves and diminish competitors.”
The EU is considering the possibility of breaking up Google into smaller units to protect competition. According to estimates, Google dominates internet search in Europe, accounting for more than 90 per cent of the search segment.
According to the EU Competition Commissioner, Google is shutting out competition with its dominance. Vestager had last year slapped a nearly $3-billion fine on Google for favouring its services in search results over those of its competitors. She is also probing Google’s mobile platform and advertising services.
Asked about charges that she had a bias against American tech giants, Vestager said there was no ban on success in Europe. “You get to be dominant and you get a special responsibility that you don’t destroy the already weakened competition,” she said. “We have proven their dominance in search and we have found they have misused this dominance to promote themselves and diminish competitors.”

Latest articles

Senior bankers in PSBs are in firing line: AIBEA

IIT Madras – ISRO to set up Centre of Excellence for research in Fluid and Thermal Sciences

IIT Madras – ISRO to set up Centre of Excellence for research in Fluid and Thermal Sciences

LPG as automobile fuel a solution for Delhi NCR air pollution: IAC

LPG as automobile fuel a solution for Delhi NCR air pollution: IAC

Entry of Starlink and Kuiper could churn India’s telecom sector

Entry of Starlink and Kuiper could churn India’s telecom sector

India building Rs820-cr railway test track in Rajasthan

India building Rs820-cr railway test track in Rajasthan

Rupee falls to 84.37 a dollar as foreign funds withdraw over $2.37 bn from Indian stocks in five days

Rupee falls to 84.37 a dollar as foreign funds withdraw over $2.37 bn from Indian stocks in five days

New central scheme to facilitate guarantee-free loans for higher education

New central scheme to facilitate guarantee-free loans for higher education

Canada ends Student Direct Stream channel for student visas

Canada ends Student Direct Stream channel for student visas

Supreme Court orders liquidation of Jet Airways as debt resolution fails

Supreme Court orders liquidation of Jet Airways as debt resolution fails

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers