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By Foo Yun Chee
© Reuters/POOL New
EU to propose tougher checks on foreign buying spree of EU firms
BRUSSELS (Reuters) – Alphabet CEO Sundar Pichai has apologised to Europe’s industry chief Thierry Breton over a leaked internal document proposing ways to counter the EU’s tough new rules for technology companies.
© Reuters/ARND WIEGMANN
FILE PHOTO: An illuminated Google logo is seen inside an office building in Zurich
Pichai and Breton exchanged views in a video-conference call late on Thursday, the third this year, according to a statement from the European Commission.
“The Internet cannot remain a ‘Wild West’: we need clear and transparent rules, a predictable environment and balanced rights and obligations,” Breton told Pichai.
The call came after a Google internal document outlined a 60-day strategy to counter the European Union’s push for the new rules by getting U.S. allies to push back against Breton.
The call was
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(Bloomberg) — Google barely took a scratch from three European Union antitrust probes that lasted nearly a decade and cost it more than $9 billion euros. Regulators are still struggling with how to tackle anti-competitive behavior, a lesson the U.S. needs to learn.
Three years ago, the EU blasted out a then-record-breaking fine together with an order for Google to stop favoring its own shopping ads. A year later Google got an even bigger penalty and a demand to stop pushing its search and web-browser apps onto Android mobile phones. The company was fined a third time last year and continues to face EU scrutiny.
European Commission Competition Commissioner Margrethe Vestager Takes Control of Google Fitbit Inc. Merger
Photographer: Geert Vanden Wijngaert/Bloomberg
Margrethe Vestager, the EU’s antitrust chief, has said she regrets not being even bolder because tech firms like Google are increasingly able