Date
25 July 2017
If the antitrust charges stick, Google could be fined as much as 10 percent of its worldwide revenue. Photo: AFP
If the antitrust charges stick, Google could be fined as much as 10 percent of its worldwide revenue. Photo: AFP

Google denies EU charges it abused market power

Google Inc. rejected charges by the European Union that it abused its market power, Reuters reported.

The antitrust charges expose the internet giant to the risk of a hefty fine if it does not alter its business practices. 

The firm’s comments came after the European Commission accused it in April of distorting internet search results to favor its shopping service, harming rivals and consumers.

“Economic data spanning more than a decade, an array of documents and statements from complainants all confirm that product search is robustly competitive,” Kent Walker, Google’s general counsel, wrote in a blog Thursday.

“We believe that the statement of objection’s preliminary conclusions are wrong as a matter of fact, law, and economics.”

The comments coincide with the firm’s 150-page submission countering the commission’s charges.

Commission spokesman Ricardo Cardoso confirmed the receipt of Google’s response to the charge sheet.

“We will carefully consider Google’s response before taking any decision on how to proceed and do not want to prejudge the final outcome of the investigation,” Cardoso said.

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