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EC asks Google for more concessions in search
2013-07-18 07:31:00| Telecompaper Headlines
(Telecompaper) The European Commission has asked Google to make further concessions as part of its investigation into the way the company ranks and displays search results, the Wall Street Journal reports. Google submitted formal proposals in April following the EC's investigation of the company for a possible abuse of its dominant position. "After the analysis of the results of the market test that concluded at the end of last monthI concluded that the proposals that Google sent to us months ago are not enough to overcome our concerns," EU Competition Commissioner Joaquín Almunia said. "I wrote a letterasking to present better proposals." Almunia didn't comment on the contents of the letter. Google said it was still working with the EC on settling the case. If accepted by the commission, the commitments would be legally binding on Google for five years.
BP signs farm-in deal for deepwater concessions in Potiguar Basin
2013-07-18 01:00:00| Offshore Technology
BP has signed a contract with Brazil-based energy firm Petróleo Brasileiro (Petrobras) to farm-in to five deepwater exploration and production concessions in the Potiguar Basin, located in the Equatorial Margin of Brazil.
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US Airways, American Airlines give concessions to Europe in merger deal
2013-07-17 21:37:47| Airlines - Topix.net
The European Union's antitrust regulators said Wednesday that US Airways Group Inc. and American Airlines parent AMR Corp. have offered concessions to gain approval for their proposed $11 billion merger, Reuters reports.
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European Commission asks Google for more concessions in antitrust case
2013-07-17 15:04:51| InfoWorld: Top News
Europe's competition chief confirmed Wednesday that he has written to Google Chairman Eric Schmidt to ask for better assurances from the company in an ongoing antitrust investigation. "After the analysis of the market test that was concluded on June 27, I concluded that the proposals that Google sent to us are not enough to overcome our concerns," said European Union Competition Commissioner Joaquin Almunia at a press conference Wednesday.
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EU likely to ask for more concessions from Google
2013-05-28 18:39:44| InfoWorld: Top News
The European Commission is likely to require more concessions from Google in an ongoing antitrust probe, the European Union's Competition Commissioner Joaquin Almunia said. The Commission is now analyzing proposals that Google submitted in April to alleviate its concerns, Almunia said Tuesday during a session of the Committee on Economic and Monetary Affairs.
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