It was reported earlier that the European Parliament was considering a draft proposal to break the search and other businesses of search engines. This proposal was put on vote, and it has received overwhelming support. It is important to know that the resolution is non-binding on any party, but it now puts pressure on the European Commission to introduce regulations on search engines.
Although the resolution doesn’t name a specific search engine, but it’s easily assumable that the target is Google. The company enjoys a comfortable hold on the market with a 90% market share. It spooks the legislators that an [...]
As The Wall Street Journal reports, Google has clinched a settlement in its high-profile case with European Union antitrust regulators to address concerns that it is abusing its dominance in online search.
EU Antitrust Commissioner Joaquin Almunia said that he’s “strongly convinced” the new proposals sufficiently address the competition concerns, marking a major milestone in the three-year-old case. “This is an important step forward,” he told reporters in Brussels.
Google had been accused of giving favourable treatment [...]