Google moves to avert EU fines with offer in news search case, Bloomberg News reports

Google moves to avert EU fines with offer in news search case, Bloomberg News reports


May 6 (Reuters) – Google has proposed modifications to the way it presents ‌news results on its search ‌engine, aiming to prevent additions to the 9.5 ​billion euros ($11.16 billion) in competition fines it has accumulated from the European Union, Bloomberg News reported on Wednesday.

The ‌company recently ⁠filed proposals to address concerns it was deliberately pushing down results for ⁠publishers’ websites when they include adverts from some of their commercial ​partners, according ​to the report, ​citing people familiar ‌with the situation.

The company could avoid a formal order to change its business practices and potential fines under the Digital Markets Act if its ‌offer, which includes ​amendments to its anti-spam ​policies, is ​approved by market rivals ‌and EU regulators, the report ​said.

The ​European Commission declined to comment. Google did not immediately respond to ​a Reuters ‌request for comment.

($1 = 0.8511 euros)

(Reporting by ​Jaspreet Singh in Bengaluru; Editing ​by Maju Samuel)


finance.yahoo.com
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