Google Offers to Auction Off Shopping Ad Spaces to Rivals in Response to EU

Apparently, Alphabet’s Google has proposed overhauling its shopping search results so that rivals can bid for space to display products for sale, as part of the company's efforts to comply with the European Union’s antitrust order. Under the proposal, Google would bid against rivals to display products for sale in the space above its general search results, apparently. Google would set itself a price cap that it wouldn’t be able to bid above, but competitors could do so if they wished. Rival shopping sites have hit back, saying an auction-based remedy wouldn’t assuage the EU regulator’s demands that the company treat its competitors’ offerings and its own shopping service equally.