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Alphabet's Google to inform EU antitrust regulators on compliance plan
August 29, 2017 / 2:00 PM / a month ago

Alphabet's Google to inform EU antitrust regulators on compliance plan

BRUSSELS, Aug 29 (Reuters) - Alphabet unit Google will inform EU antitrust regulators on Tuesday on its plan to comply with an EU order to stop favouring its shopping service, the company said, two months after being hit with a record 2.4-billion-euros ($2.9 billion) fine.

The European Commission in its June 27 decision said the world’s most popular Internet search engine had abused its dominance in Europe to give prominent placements in searches to its own comparison shopping service and demote those of rivals.

It ordered Google to come up with a solution by Aug. 29 and to stop the anti-competitive behaviour by Sept. 28. ($1 = 0.8313 euros) (Reporting by Foo Yun Chee; editing by Philip Blenkinsop)

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