Seeking Alpha

Google, EU agree to deal to settle antitrust concerns

  • After an investigation of over three years, Google (GOOG) has finally reached a settlement with the EU over concerns that the company is abusing its dominance in the search market.
  • Google will escape any fines, but it has agreed that when it displays search results, it will give the same prominence to the links of three rivals as it does to links for its own products and services. For example, these could include competitors to Google's News, Finance and Shopping services.
  • Google will also stop forcing publishers to use only the company's search advertising service and allow them to use different platforms. (PR)
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