EU’s Almunia says too early to say Google a problem

BRUSSELS (BestGrowthStock) – It is premature to say that there is a problem with Google’s business practices, the EU’s antitrust chief said on Tuesday, hours after he opened a formal investigation into complaints about the search engine.

“I want to be very clear that this does not mean that there is definitely a problem — it is far too early to say that,” EU Competition Commissioner Joaquin Almunia told a European Parliamentary hearing.

(Reporting by Foo Yun Chee)

EU’s Almunia says too early to say Google a problem