EU To Reportedly File Antitrust Charges Against Google
The Wall Street Journal has reported the EU has decided to take the action, citing a source familiar with the matter.
EU antitrust chief Margrethe Vestager, in agreement with European Commission president Jean-Claude Juncker, made the decision on Tuesday, the WSJ reported its source as stating, with three EU officials stating she is expected to inform her fellow EU commissioners at a meeting on Wednesday.
The commission opened an antitrust investigation in 2010 into allegations Google “abused a dominant position in online search”, following complaints from search service providers about unfavourable treatment of their services.
The charges will focus on complaints Google uses its search engine to favour its own services over those of rivals, the WSJ reported people familiar with the situation as stating.
Google holds around a 90 per cent share of the search engine market in Europe.
Reuters has reported two sources familiar with the matter as stating that a formal antitrust charge sheet will not be ready for Wednesday, potentially taking several more months to draw up, while the EU can impose fines of up to 10 per cent of global turnover, or in Google’s case, more than US$6 billion.