EU Sees Google Diverting Web Traffic From Rivals, FT Says
Stock Chart for Google Inc (GOOG)
European Union antitrust regulators believe Google Inc. (GOOG)’s search engine diverts Web traffic from competitors, the Financial Times reported today, citing an interview with EU Competition Commissioner Joaquin Almunia.
Almunia told the newspaper he is convinced that Google diverts traffic and may be abusing its dominant position in the search market. Almunia said regulators investigating the company are focusing on the way the company presents its own services in search results rather than the software algorithm that ranks results, according to the newspaper.
The EU last month asked Google to submit concessions that may lead to a settlement of its antitrust probe. Another EU investigation into Google’s Android operating system for mobile devices wouldn’t be covered by that settlement, Almunia told the Financial Times.
To contact the reporter on this story: Aoife White in Brussels at email@example.com.
To contact the editor responsible for this story: Anthony Aarons at firstname.lastname@example.org.
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.