08 Feb 2011
Google is in discussions with the European Union in a bid to settle an anti-trust investigation into its market-leading search engine, according to reports.
Reuters reported on Monday that Google is in "tentative talks" to resolve the matter, in an attempt to avoid a lengthy legal battle and potentially large fine.
However, a source familiar with the case told the news service that there are "no really concrete proposals on the table".
The EU opened its investigation into Google after accusations that the search firm lowered the unpaid rankings of its competitors' services and promoted its own services in their place.
The company is also accused of lowering the 'Quality Score' for sponsored links from competing search services, meaning that the competition has to pay more to effectively achieve the same ranking.
Google's outgoing chief executive, Eric Schmidt, told The Sunday Telegraph at the weekend that he did not want the firm to be embroiled in the same sort of anti-trust battle with the EU that Microsoft had endured for over a decade.
"I think it is in our interests, and I would hope in their interests, to do a quick analysis of concerns that have been raised by competitors," he told the paper.
"Hopefully they are minor or they are not correct, and we'll find out and make sure we are operating well within the law and the spirit of the law."
Latest stories from Web
Related articles
Related jobs
Poll
Are you confident that the UK's IT infrastructure is secure from attack in the wake of the Flame malware revelations?
V3 examines the key strengths and weaknesses of Samsung's latest iPhone killer
Connect with V3.co.uk
Social networking is almost ubiquitous. This white paper examines the benefits and risks and it looks at the different ways companies can reconcile them
The importance of understanding your infrastructure
Java Deveoper/Programmer/Software Engineer, Algo Trading...
Austin Fraser has the pleasure of appointing a number...
Austin Fraser has the pleasure of appointing a Java Developer...
Austin Fraser has the pleasure of appointing a Senior...
Keep up to date with the latest products, services and technologies from the world's leading IT companies. IThound.com brings you over 2,000 white papers, case studies and analyst reports.
Do you agree?