EU’s Almunia says still mulling Google case

BRUSSELS, Oct 21 (BestGrowthStock) – European Union regulators have
yet to decide whether to start a formal probe into Google
(GOOG.O: ) eight months after receiving three complaints, the EU’s
antitrust chief said on Thursday.

Google, the world No. 1 search engine said in February that
British price comparison site Foundem and French legal search
engine alleged its search algorithm demoted their
sites in Web search results because they were rivals of Google.

It also said Microsoft-owned (MSFT.O: ) service Ciao from Bing
had complained about Google’s standard terms and conditions.
Google denied it had done anything wrong.

“We are presently analysing the comments we have received
from the company but no decision has been taken as to whether we
will open formal proceedings,” Almunia said, in the text of a
speech at a competition event held by the Belgian EU presidency.

The EU watchdog’s antitrust investigations can take a number
of years. It can fine companies up to 10 percent of global
turnvoer for breaching EU rules.
(Reporting by Foo Yun Chee; Editing by Dan Lalor)

EU’s Almunia says still mulling Google case