EU regulators to seek feedback on Google's compliance proposals to avert charges
By Foo Yun Chee
BRUSSELS, Sept 4 (Reuters) -European Union antitrust regulators will seek feedback next week on Google's GOOGL.O proposals to comply with tech rules aimed at promoting fair competition, people with direct knowledge of the matter said on Wednesday, which could decide whether it faces formal charges.
The European Commission launched an investigation in March into Google to see if it favours its vertical search engines such as Google Shopping, Google Flights and Google Hotels over rivals, and whether it discriminates against third-party services on Google search results.
The move came after rivals, which include comparison shopping sites, said Alphabet's Google had not complied fully with the EU's Digital Markets Act (DMA) aimed at reining in the power of Big Tech and to create a level playing field for smaller competitors.
Google's latest proposals aim to create a separate box for rivals below its own product listing ads box in Google search results to address criticism from comparison shopping sites, the people said.
The company also offered to create two different boxes next to each other, with one showing intermediaries and the other for direct suppliers such as airlines, hotels and retailers, they said.
The Commission will hold workshops separately for these groups from Sept. 9 to 11 to get their views on the proposals, the people said. Google has not been invited to the events.
The EU competition watchdog did not respond immediately to a request for comment.
Google said: "We have engaged with the European Commission and industry stakeholders over the past year, receiving and responding to feedback in an effort to balance a wide spectrum of views across the ecosystem. We will continue to engage over the coming months."
Failure to allay the regulatory concerns could result in formal charges against Google by the end of September that could lead to a hefty fine as much as 10% of its global annual turnover, the people said.
Reporting by Foo Yun Chee; Editing by Emelia Sithole-Matarise
免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。
所有缐上交易平台所發佈的資料,僅適用於教育/資訊類用途,不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議,或是交易價格紀錄,或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。
本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。