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The EU will probe whether Google was "evil" in the search market. The EU is investigating nine reports of abuse against Google.  (Source: Google Images)
Investigation of internet and mobile device giant expands to nine complaints

According to a Reuters report citing two unnamed sources, the European Union's probe into possible antitrust violations by Google Inc. (GOOG) has greatly expanded.  Google, who recently set aside $500M USD to deal with antitrust settlements, is accused of various wrongdoings in nine different complaints.  The EU had only received four complaints, previously.

A source comments, "The Commission has nine formal complaints now. The new complaints come from small companies."

But while the EU may be probing Google to see if it's been naughty, Simon Holmes, the chief of SJ Berwin, a lawyer at EU and competition law firm, says that the new complaints don't necessarily mean game over for Google.  He remarks, "Google's strong position means there are lots of interests involved. But there is nothing wrong per se in having a strong position. The mere proliferation of complaints doesn't increase the likelihood of infringements. It means there are issues certain parties want to be investigated."

The first three complaints were filed by small web content providers who accused Google of demoting their sites in its search results, to push users to its own competitive offerings.  Microsoft Corp. (MSFT), who was previously slammed by the EU with a then-record $1.4B USD fine for its own alleged antitrust violations, filed its first ever complaint with EU regulators, claiming Google was blocking internet search competition.

EU regulators can fine a company up to 10 percent of its global revenue.  Thus far the biggest fines have come against Microsoft and, more recently, Intel Corp. (INTC), who was fined $1.45B USD in 2009.

In the U.S. Google faces a pending U.S. Federal Trade Commission probe and a Sept. 21 U.S. Senate hearing scrutinizing its dominant position.  These various actions add insult to the recent injury at the hands of Apple, Inc. (AAPL), who is suing [1][2][3][4][5] Google's top hardware partners internationally in a bid to stifle its Android operating system.  Microsoft, who's battling for EU action against Google, is also applying legal pressure [1][2] to get its own cut of Android revenue.


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RE: Yeah right
By LordSojar on 8/3/2011 11:50:15 PM , Rating: 1
quote:
Europe is collapsing under it's own fascist/socialist/totalitarian weight. I guess after they sue everyone they can for billions they might have to face their own failings without these bailouts.


Right.... except it's Germany bailing everyone out and they aren't the ones suing companies.

How are fascism and socialism even remotely related? The same applies to totalitarianism and socialism.... I... don't...riiiiight.

Only a few countries in the EU are failing, and those are small countries that overextended themselves with unsustainable social programs. The larger countries with similar or better programs are just fine.. doing quite well actually. So, it might pay to read another news source beyond Faux News sometime, or ya know... actually go to Europe at some point and understand it for yourself instead of absorbing some sound bite some skewed reporter vomited out last night.


RE: Yeah right
By Qi on 8/4/2011 6:25:32 AM , Rating: 3
Indeed, where do people get that nonsense? The European Union member states combined have a lower total debt level in comparison with the United States. And the E.U. as a whole has a smaller total budget deficit too, if you compare it with the U.S.. Also, Europe's biggest economy, Germany, is booming and experiencing growth rates of more than 3%.

http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/...

http://www.imf.org/external/pubs/ft/weo/2010/02/we...

http://finance.yahoo.com/news/IMF-sees-32-pct-Germ...

That said, some smaller countries are in trouble though. But Greece, Ireland and Portugal combined make up only 7% of the total economy. That's nothing compared to, for example, California, which was/is on the brink of bankruptcy and represents a massive 14% of the U.S. economy. And the E.U. countries haven't experienced government shutdown. In the U.S., Minnesota is having a government shutdown right now!

http://www.reuters.com/article/2011/07/11/us-minne...

The problems Europe is having now can be solved entirely in just a few months if European politicians have the will to do so. Realize that the current crisis is not so much financial but political. If the Eurozone implements Eurozone Bonds as an alternative to U.S. Treasuries this mess is over in an instant. Eventually Eurozone Bonds will happen and with the European Financial Stability Facility major steps towards full fiscal integration have been taken already.

http://www.washingtonpost.com/business/alexandrovi...

http://www.guardian.co.uk/commentisfree/2011/jul/2...

http://www.risk.net/risk-magazine/news/2034037/ecb...

P.S.

Euro crisis? What Euro crisis?

http://www.ecb.int/stats/exchange/eurofxref/html/e...


RE: Yeah right
By Reclaimer77 on 8/5/2011 5:05:22 PM , Rating: 1
I'm not saying Europe is ANY of those. But simply whenever everyone uses a monicker for Europe (socialist etc etc), someone gets into a long winded soap box about how Europe isn't really socialist/communist/fascist - what have you.

So I threw in all the terms in one fell swoop to appease everyone. Of course this still failed, cause DT readers are uptight and looking for a fight, but there you have it. I rather the discussion be on the topic then someone's definition of a word, that's all.

quote:
Only a few countries in the EU are failing, and those are small countries that overextended themselves with unsustainable social programs. The larger countries with similar or better programs are just fine.. doing quite well actually.


I don't consider European economies in their BEST days as "doing well", and sure as hell not currently. In Europe 15%+ unemployment is a "good day". As a terrible stupid fat inbred American (leave any out?), I find that appalling. Especially when I can see what similar rates lately have done to our economy here.

Plus you're just lying. Europe, as a whole, is in serious trouble. I love how when Europe is doing "well", you guys herald the greatness of the European Union. When things are going bad, you selectively point out the countries. Which is it? Are you a union or not?

quote:
So, it might pay to read another news source beyond Faux News sometime


Oh that's funny. Sorry but EVERY major network is commenting on Europe's "collapse". Don't give me this crap that every time someone speaks about Europe it's a right wing conspiracy.

CNN MONEY (yeah, SUPER right wing...)
http://money.cnn.com/2010/09/15/news/international...

Spiegel Online International
http://www.spiegel.de/international/germany/0,1518...

Turkish Weekly (clearly a subsidiary of Faux??)
http://www.turkishweekly.net/news/120230/-jtw-anal...

MSNBC
http://www.turkishweekly.net/news/120230/-jtw-anal...

You wanna flame me, fine go ahead. But please explain to me how every news network on the planet right now is using the term "European collapse" or "crisis"? You're explanation that it's just a few "smaller countries" is frankly a load of bull.

quote:
or ya know... actually go to Europe...


A pathetic argument. You don't need to "live" somewhere to analyze economics.

And you need to relax and stop taking this personal. My country is freaking bankrupt and is in serious trouble. It's not like I'm judging Europe or bashing Europeans here.


RE: Yeah right
By Reclaimer77 on 8/5/2011 5:07:04 PM , Rating: 1
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