Google Given A ‘Matter Of Weeks’ To Submit Remedies In EU Probe (updated)

Google must submit remedies within weeks to assuage European Union regulators’ antitrust concerns to avoid a formal complaint and possible fines, EU Competition Commissioner Joaquin Almunia said. Almunia asked the company to send him proposals within “a matter of weeks” to eliminate concerns that Google promotes its own specialist “vertical” search services, that it copies rival content including travel and restaurant reviews and that its contracts with software developers prevent ads from being moved to different services. “I am today giving Google an opportunity to offer remedies to address concerns we have already identified,” Almunia told reporters today in Brussels. “Any final proposal by Google will be market tested before it’s made legally binding by the commission.”

See new link below to release from Joaquín Almunia Vice President of the European Commission responsible for Competition Policy.