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Google Inc avoids fine with EU antitrust deal - Reuters

Wednesday, 5 Feb 2014 10:36am EST 

Google Inc:Google Inc agreed to make concessions on how it displays competitors' links on its website on Wednesday, in a deal with the European Union regulator that ended a three-year antitrust probe and avoided a fine - Reuters.The agreement means the dominant search engine has avoided a process that could have lead to a fine of up to $5 bln, or 10 pct of its 2012 revenue.It must stick to the deal for the next five years.However, Google may still face a second EU investigation, this time into its Android operating system for smartphones, with potentially bigger risks for the company.Google has been the subject of a European Commission investigation into its internet search practices since Nov. 2010. 

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17 Apr 2015