Google reaches agreement with European Commission in antitrust probe
The European Commission has reached a tentative agreement with Google to end a three-year antitrust investigation into how the company displays search results.
Under the proposed agreement, Google will display search results from three of its competitors alongside results promoting its own services, the Verge reports.
According to the report, over the coming weeks, the EC will determine whether to make the agreement legally binding, after consulting with Google competitors.
By settling with the EC, Google would presumably avoid paying a fine of up to five billion dollars, or 10 percent of its 2012 revenue, the report added.
(Posted on 06-02-2014)