Google in EU antitrust inquiry



LONDON (CNNMoney.com) -- Google is being scrutinized by European antitrust officials, who have notified the Internet search giant that three companies have complained about its practices.

The European Commission is investigating complaints made by Ciao! from Bing, which is a unit of Microsoft (MSFT, Fortune 500); UK price comparison site Foundem; and French legal search engine ejustice.fr, Google said.

The three are arguing that the search firm suppresses the ranking of its competitors in search results.

"The Commission has not opened a formal investigation for the time being," according to a statement released by the executive arm of the European Union. "As is usual when the Commission receives complaints, it informed Google earlier this month and asked the company to comment on the allegations."

Google (GOOG, Fortune 500), which revealed the inquiry in a post on an official company blog early Wednesday, said that given its growth, it wasn't surprised its search and search advertising practices were being examined.

"This kind of scrutiny goes with the territory when you are a large company," senior competition counsel Julia Holtz said on the company's European Public Policy blog.

She said that Google will provide information on the complaints and said that the company is confident its business operates in line with European competition law. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 18,162.99 121.45 0.67%
Nasdaq 5,106.59 73.84 1.47%
S&P 500 2,123.48 19.28 0.92%
Treasuries 2.14 -0.00 -0.09%
Data as of 4:20pm ET
Company Price Change % Change
Bank of America Corp... 16.74 0.24 1.45%
Michael Kors Holding... 45.93 -14.66 -24.20%
Broadcom Corp 57.13 10.21 21.76%
Apple Inc 132.01 2.39 1.84%
Frontier Communicati... 5.28 0.36 7.32%
Data as of 4:04pm ET
Sponsors

Sections

The annual Internet Trends report released on Wednesday points to how the Internet's growth will shape the global economy. More

Workers with college and graduate school degrees saw their wages fall the most last year. The least educated saw a slight bump in pay. More

The annual Internet Trends report released on Wednesday points to how the Internet's growth will shape the global economy. More

Hong Kong's week-long Bun Festival means booming business for local bakery Kwok Kam Kee, which has produced the holiday's delicious highlight for decades. More