TheNewsGuru

Tag: Margrethe Vestager

  • Google makes progress in addressing competition concerns

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    by

    Ediri Oyibo
    in

    European Competition Commissioner, Margrethe Vestager on Friday said Google’s proposals to increase competition in online shopping are bearing fruit. TheNewsGuru (TNG) reports Europe’s antitrust chief suggested that the Internet giant may be able to avoid further fines by so doing. Vestager said she saw further improvement since Google’s first report in June showed some rivals…

  • Google to pay $2.7 billion for abusing its dominance

    Google to pay $2.7 billion for abusing its dominance

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    by

    Ediri Oyibo
    in

    The European Union (EU) has fined Google a record-breaking 2.4 billion-euro ($2.7 billion) in what is just a fraction of the costs from the EU’s demand that the Internet giant stop skewing search results to favour its own shopping site gaining ‘undue’ dominance in so doing. To some smaller businesses, this might mean ‘torn apart’,…