BRUSSELS Fri Dec 20, 2013 6:24am EST
An illustration picture shows a Google logo with two one Euro coins, taken in Munich January 15, 2013.
Credit: Reuters/Michael Dalder
BRUSSELS (Reuters) - Google's revised proposals to settle an antitrust case are not acceptable, European Union competition commissioner Joaquin Almunia said on Friday.
"The latest offer as submitted by Google in October ... the latest proposals are not acceptable in the sense that they are not proposals that can eliminate our concerns regarding competition," Almunia said in a Spanish radio interview, according to a partial transcript provided by the European Commission.
Google offered the concessions in a bid to end a three-year old investigation by the European Commission and avert a fine that could be as high as $5 billion for blocking competitors in search results.
(Reporting by Adrian Croft; editing by Charlie Dunmore)
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Credit: Reuters/Michael Dalder
BRUSSELS (Reuters) - Google's revised proposals to settle an antitrust case are not acceptable, European Union competition commissioner Joaquin Almunia said on Friday.
"The latest offer as submitted by Google in October ... the latest proposals are not acceptable in the sense that they are not proposals that can eliminate our concerns regarding competition," Almunia said in a Spanish radio interview, according to a partial transcript provided by the European Commission.
Google offered the concessions in a bid to end a three-year old investigation by the European Commission and avert a fine that could be as high as $5 billion for blocking competitors in search results.
(Reporting by Adrian Croft; editing by Charlie Dunmore)
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We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
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