Source: courtesy of Google Inc.
Joaquín Almunia, the EU’s chief antitrust officer, said of Google:
They are monetising this kind of [vertical search] business, the strong position they have in the general search market and this is not only a dominant position, I think – I fear – there is an abuse of this dominant position.
Almunia noted that Google gets about 90% of all EU search traffic, an even higher proportion than it gets in the U.S. Google’s competitors, including especially Microsoft Corp. (NASDAQ: MSFT) are likely to press the EU for much tougher restrictions than the FTC imposed or that the EU will probably impose.
Essential Tips for Investing: Sponsored
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
