TweakTown
Tech content trusted by users in North America and around the world
5,673 Reviews & Articles | 36,064 News Posts
Weekly Giveaway: Fractal Design Arc Cases Contest (Global Entry!)

ReportTT: US and European antitrust officials to meet in Europe next week

ReportTT: Sources say head of the FTC and EU competition chief to meet next week in Europe over Goog

| Business, Financial & Legal News | Posted: Dec 3, 2012 7:33 am

Google's in a bit of hot water as both the European Union and the United States have probes into the company over allegations that Google used it's large search market share to promote its products to the detriment of others. This has traditionally been a big no-no and has gotten other companies in trouble before.

 

TweakTown image news/2/7/27059_1_reporttt_us_and_european_antitrust_officials_to_meet_in_europe_next_week.png

 

Reports are saying that the FTC, the US body responsible for investigating anti-trust issues, and Google are currently involved in settlement talks. Reportedly, CEO Larry Page and FTC officials met earlier this week in Washington, D.C. It's been confirmed that Jon Leibowitz, chairmen of the FTC, will be in Europe next week for several matters.

 

They declined to confirm the existence of a meeting between the two groups. Sources familiar with the matter say that Mr. Leibowitx and Joaquin Almunia, EU competition chief, are to meet next week regarding their probes. Google spokesman Adam Kovacevich said, "We continue to work cooperatively with the Federal Trade Commission and European Commission and are happy to answer any questions they may have."

NEWS SOURCE
Online.wsj.com

Related Tags

Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

Do you get our news RSS feed? Get It!

Post a Comment about this news

Latest Tech News Posts

View More News Posts

Latest Downloads

View More Latest Downloads

TweakTown Web Poll

Question: Did EA kill the Battlefield franchise with the terrible BF4 issues?

Yes, Battlefield is doomed

No, Battlefield will live on strong

I'm not sure, but I know EA needs to improve its game

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
Get TweakTown updates via Facebook!
Just click the "Like" button below