• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Rivals criticise Google’s search result changes, call for EU antitrust charges

by December 11, 2024
written by December 11, 2024

By Foo Yun Chee

BRUSSELS (Reuters) – More than 20 price comparison websites across Europe on Wednesday criticised Google’s proposed changes to its search results, saying they still fail to comply with EU tech rules and urged regulators to impose charges against the Alphabet (NASDAQ:GOOGL) unit.

Google has been discussing with the comparison sites, hotels, airlines, restaurants and retailers for more than a year now on how to comply with the Digital Markets Act (DMA), which prohibits it from favouring its products and services on its platform.

Last month, it announced its latest proposal, which includes expanded and equally formatted units to allow users to choose between comparison sites and supplier websites.

It may also bring back its old “ten blue links” format from years ago as an alternative if it can’t agree with its rivals. This format is now being tested in Germany, Belgium and Estonia.

The price comparison websites, which include Germany’s Idealo and billiger.de, France’s Le Guide, PriceRunner, Kelkoo and kieskeurig.nl and trovaprezzi.it, said Google has not listened to their feedback.

“Google has simply, repeatedly, ignored this feedback, and instead continued to iterate on the same non-compliant solution for months,” they said in an open letter.

“If Google has not taken feedback into account after more than 100 events, it can only mean one thing: Google is wilfully not complying with the DMA.”

When asked for comment, Google referred to its Nov. 26 blog post where it pointed to the many changes it had made over the past year to comply with the DMA and find a solution.

The websites called on the European Commission to act against Google.

“The Commission has opened proceedings against Google for non-compliance. It must proceed with such proceedings, issue preliminary findings, and impose fines on Google, including periodic penalty payments, to force Google to finally listen and comply,” they said.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Global shares, greenback rise as inflation data reinforce rate cut expectations
next post
BofA CEO says business outlook is brighter under Trump, expects surge in banking, trading revenue

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks

      June 26, 2025
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

      June 26, 2025
    • Bumble shares jump 26% as dating company plans to axe 30% of workforce

      June 26, 2025
    • Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

      June 25, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (534)
    • Stock (6,426)

    Latest News

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

    Popular News

    • Japan votes in election expected to punish PM Ishiba’s coalition
    • Morgan Stanley anticipates economic tailwinds for Germany following new elections

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy