Tag Archives: JoaquinAlmunia

Google’s new concession offer gets EU antitrust chief’s stamp of approval

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Google and the European Commission have been doing their seemingly interminable antitrust dance for three years now, but today's development might signal a shift in the tides. In July, the EU's Competition Commissioner, Joaquin Almunia, had deemed Google's previous concession offer unworthy and informed Eric Schmidt that the company had to "present better proposals." According to The New York Times, Google has evidently heeded his words and ponied up a new offer that's evidently enough to please the antitrust chief, although specific terms have yet to be disclosed.

At the heart of the problem is Google's tendency to squeeze its rivals (including, but not limited to, Microsoft, Foundem and Hotmaps) out of search results, making it difficult for users to find them. The new offer allegedly addresses those concerns, and while it's unlikely that a decision will be made earlier than next spring, the EU's tentative approval of Google's efforts could mean that case is inching its way to a settlement. Almunia has said that he intends to present the proposal to the complainants in the case, who seem less than enthused. David Wood, the legal counsel for the Microsoft-backed Initiative for a Competitive Online Marketplace (ICOMP) told the Times, "It is far from clear from Commissioner Almunia's description of the revised package of proposed commitments that they go nearly far enough."

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Source: The New York Times, Reuters

EU regulators say Google must improve its antitrust concession offer (updated)

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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."

These changes, which would be enacted in the next five years, included more labelling of links that promote Googles own search services (like shopping), along the lines of showing that they are promoted placements. There would also be more graphical separation of the above links -- again, like how you see promoted ads in the search results page. The company would also offer the ability for rival search sites to tag their results so that Google would be unable to improve its own search offering by indexing those pages. Given other recent issues between Google and some European countries, the proposals also touched on offering a way for publishers to control exactly what part of their content is used in Google News.

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.

Update: Google spokesman Al Verney added that the company would continue to work with the EU on the matter. "Our proposal to the European Commission clearly addresses the four areas of concern."

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Source: Reuters

Google delivers EU antitrust concessions, now subject to feedback from rivals

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Google provides formal concessions to EU antitrust concerns, now subject to feedback from rivals

There's no question that most of the talk between Google and EU regulators over the firm's search ranking practices have taken place behind closed doors, but now the antitrust inquiry is one step closer to a binding resolution. Following a preliminary assessment in which the European Commission laid out its concerns, Google has offered up a formal list of commitments in attempt to assuage the regulator -- and in the process, avoid a nasty fine that could top $5 billion. Reuters sources suggest that one concession may involve labels within search results that distinguish Google's services from those of its rivals, but whatever the final resolution entails, EU Commissioner Joaquin Almunia asserts that it'll be a legally binding agreement. As for the next step, Google's proposal will be subject to input from its peers, which includes complainants such as Microsoft. If there were ever an opportunity to kick up some dust, we reckon this'd be it. Then again, it could be that Redmond is more preoccupied with Android nowadays.

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Source: Reuters

Google offers to settle with EU over antitrust gripes, olive branch now fully extended

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Google knows that there's a looming EU antitrust lawsuit if it doesn't volunteer some kind of change to its search practices, so it's not entirely surprising that chairman Eric Schmidt has sent a letter offering a settlement to the European Commission's competition chief Joaquin Almunia. The details of just what that potential truce entails are under wraps, although Almunia has long broadcast his concerns that Google might be unfairly favoring its own services above those of others -- he'd be most happy if the results were more organic. It's hard to say whether or not Google is prepared to follow along, but a peace gesture is a sharp break from the company's previously firm view that there's no need to change. We wouldn't be surprised if the EU's recent success in fining Microsoft has left Google hesitant to take its chances in court.

Google offers to settle with EU over antitrust gripes, olive branch now fully extended originally appeared on Engadget on Mon, 02 Jul 2012 14:46:00 EDT. Please see our terms for use of feeds.

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EU competition head gives Google a ‘matter of weeks’ to offer an antitrust fix

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The European Union has been taking a leisurely pace investigating Google over possible antitrust abuses, but it's now accelerating to a full-on sprint. European Commission competition head Joaquin Almunia has given Google just a "matter of weeks" to propose how it would patch things up and soften fears that it was unfairly pushing its own web services over others. If Google makes the Commission happy, Almunia says, the whole investigation might wrap up and avoid fines. Google hasn't responded yet, but we wouldn't guarantee that it makes a deal: its execs have usually argued that there's nothing keeping users from going to another search site, and the company has been eager to emphasize that competition still exists. That said, Google only has to see what happened to Microsoft to know how expensive an EU antitrust fight can be.

EU competition head gives Google a 'matter of weeks' to offer an antitrust fix originally appeared on Engadget on Mon, 21 May 2012 09:07:00 EDT. Please see our terms for use of feeds.

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