ADVERTISING BROKER Google will be slammed with a 400+ page statement of objections to its business practices by the European Commission (EC).
The EC's antitrust investigation into Google is expected to yield an interim statement of objections that will outline Google's alleged abuse of its internet search and advertising dominance. The EC's antitrust investigation was started after rival search engines Foundem, Ejustice and Ciao submitted complaints against Google. We must note that some of these firms are Microsoft partners.
According to Dealreporter's source, the 400+ page report is actually a combination of several reports, with Google being blamed for "multiple and multifaceted abuses".
Google's chairman Eric Schmidt will be flying to visit EC Commissioner Joaquin Almunia and it is expected that the two will discuss Google's decision to buy Motorola Mobility. That deal still needs to be rubber stamped by the EC.
Dealreporter is claiming that it will be in Google's best interest to settle with the EC rather than end up with a fine that could be as high as 10 per cent of its annual turnover.
Google has said it is cooperating with the EC and is providing all requested information.
It has two months to respond to the EC's statement of objections, although due to the size of the document, Google might be allowed a little longer to respond to the issues mentioned. µ
Tags: Google
The EC's objections just means they want to call Google in for some "tea time." At which point the bureaucrats bicker a bit and complain while doing nothing and feeling like they got something accomplished. Its more of a formality so Google shouldn't worry too much.
Google is the only web firm which does not charge an arm or an leg for its products and rather makes money through bearable advertising. Other players like microsoft and apple only make expensive products and have different pricing models in different countries making things expensive for europeans in general. Android has made smartphones much cheaper and google online products are free for personal use as well. I would hate to go back to the day when IBM and Microsoft had the customer by their neck. Open source software like linux is there but it comes with very little support and new features. I wish Chrome is more successful so I do not have to pay the Windows or Office tax to Microsoft or Oracle every one or two years.
"We must note that some of these firms are Microsoft partners"
Payback time!
EC??? What are those little girls gonna do?