In a press conference Margrethe Vestager announced she will meet with foes of Alphabet unit Google amid mounting criticism that the company’s proposal to treat competitors equally was not working out, reports Reuters.
Vestager said she would take their concerns over Google having the top advertising spots. into consideration. “Yes, I am meeting with market participants. I listen to their concerns. We take that very seriously. The point of a decision is that it should work,” she told a news conference. “This is a case that will remain on our working desk.”
Google, the world’s most popular Internet search engine said it would subject its own shopping service to the same criteria as rivals, mainly by giving them the opportunity to bid for ads at the top of a search page. Competitors have criticised the proposal, saying they do not have Google’s financial clout to bid for the top advertising spots.
Failure to address the Commission’s concerns could expose Google to fines up to 5% of its average daily worldwide turnover.
Full Content: Reuters
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