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Google Inc Moves To End EU Antitrust Probe Without Fine-Reuters

Thursday, 11 Apr 2013 03:02pm EDT 

Reuters reported that Google Inc has formally submitted a package of concessions to European Union (EU) competition regulators in a strong signal that the Company may be able to settle a two-year antitrust investigation without a fine. Google first offered proposals at the end of January following a spate of complaints from rivals such as Microsoft that triggered the European Commission's investigation in November 2010. The Company has now made a formal offer after fine-tuning its proposals following discussions with the EU antitrust authority.