Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Google complies with EU antitrust order to show competitors in shopping search results

Bloomberg: “Google will create a standalone unit for its shopping service and require it to bid against rivals for ads shown on the top of its search page, in an effort to satisfy European Union concerns over the display of product results, three people familiar with the investigation said. Google faces a Thursday deadline to comply with an EU antitrust order for it to give equal treatment in how the search engine shows competitors’ comparison-shopping sites, according to the people, who asked not to be named as the negotiations are private. While the shopping service will remain part of Google, it will operate separately and use its own revenues to bid for ads. Google was ordered by regulators to stop promoting its own shopping search results over competitors’ and to make changes by Sept. 28 designed to give rivals a better chance to compete, the EU said in June when it fined the company 2.4 billion euros ($2.8 billion). The company could be fined up to 5 percent of daily revenue if it fails to comply…”

Sorry, comments are closed for this post.