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Amazon posts massive quarterly loss, misses Wall Street predictions

10/23, 4:34pm

Wall Street expecting Amazon to rein in ambitions, turn a profit

Amazon.com today announced financial results for its third quarter that ended on September 30. Net sales increased 20 percent to $20.58 billion in the third quarter, compared with $17.09 billion in the third quarter of 2013. Despite the increase, Amazon's net loss was $437 million in the third quarter, or $0.95 per diluted share, compared with net loss of $41 million, or $0.09 per diluted share in the same time period of of 2013.

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Amazon also facing tax showdown with European Union regulatory agency

10/07, 10:22am

European Commission investigation Amazon Luxembourg operations

Similar to various tech corporations' arrangement in Ireland, Amazon has a special -- and legal -- tax arrangement with Luxembourg. Amazon's tax rate in the country, like Apple's, is now under fire by the European Commission for corporate tax avoidance. The European Commission is claiming that despite its legality, a favorable tax rate deal with Amazon's own patent holding company in Luxembourg violates European Union rules on state aid for corporations.

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European Commission clears Facebook's WhatsApp acquisition

10/03, 6:57am

Whatsapp, Facebook deemed "not close competitors" by European regulator

European regulators have given the all-clear on the Facebook acquisition of WhatsApp. Four months after Facebook requested the European Commission to review the acquisition over possible antitrust-related issues, the regulator has determined that Facebook and its own Messenger service is not a "close competitor" of WhatsApp, and has authorized the purchase.

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EU accuses Ireland of giving Apple illegal state aid

09/30, 9:35am

Apple denies 'selective treatment'

As expected, the European Commission has issued a preliminary finding in which it suggests that Apple is receiving illegal state aid from the Irish government. "In the light of the foregoing considerations, the Commission's preliminary view is that the tax ruling of 1990 (effectively agreed in 1991) and of 2007 in favour of the Apple group constitute state aid, according to Article 107(1) TFEU [Treaty on the Functioning of the European Union]," the document says. "The Commission has doubts about the compatibility of such state aid with the internal market. The Commission has therefore decided to initiate the procedure laid down in Article 108(2) TFEU with respect to the measures in question."

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EU to report approach on Apple, Ireland tax details this week [u]

09/28, 4:57pm

Two tax agreements between Apple, Irish government said to be illegal aid

[Updated to reflect new statement European Commission, Forbes clarification] A report from the European Union on tax deals between tech companies, including Apple, and Ireland could be coming as soon as tomorrow. The European Commission will allegedly be offering a document explaining its formal investigation -- first launched in June -- that could suggest Apple and other may have benefited from illegal state aid from the Irish government.

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EU anti-trust chief officially demands more from Google settlement

09/23, 11:07am

Fourth settlement deal falls through, deal not likely before departure of head

European Commission anti-trust head Joaquin Almunia has called for Google to improve its proposal to mitigate concerns that the search engine is abusing its industry-leading position and manipulating search results. The previous deal struck has now apparently collapsed, leaving the Mountain View, California-based company to start negotiation a new one, or face fines of up to $6 billion if the complaint moves to formal monopoly charges.

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European regulators refuse latest Google antitrust deal, demand more

09/09, 9:51am

Increased settlement offers make resolution of deal by chairman's exit unlikely

Google's latest settlement offer to fend off anti-trust allegations in the European Union has been refused. The European Commission has issued a statement regarding complaints by businesses and competitors over Google's settlement offer, saying that the search engine giant must add to the settlement package, and the offer as it stands is insufficient, given the arguments which "should be taken in consideration" with any counter-offer.

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European business resistance to EU-Google antitrust agreement growing

09/05, 3:36pm

Microsoft, German publishers demonstrate proposal's inadequacy

A coalition of Microsoft and some German publishing companies have escalated their rhetoric against the European Union's antitrust agreement it is proposing with Google. "The current proposal does not put traffic diversion to an end," claimed Microsoft's chief antitrust lawyer. Microsoft claims to have new evidence it gathered from a modification of Bing's search results that the settlement, and dedicated space for competitive services in search results, would fail to accomplish anything substantial in the case.

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European anti-trust regulators probing Facebook's WhatsApp deal

09/02, 10:50am

Questionnaire sent by European Commission gaging impact of merger

The European Commission, the EU's antitrust agency, is seeking input from companies that may be impacted by Facebook's acquisition of messenger developer WhatsApp. The questionnaire is asking if queried companies are foreseeing any business issues with the merger, or if customers will be negatively impacted by the $19 billion deal.

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Google staring down potential Android bundling complaint in EU

08/08, 2:22pm

EU companies polled about Google's Android policies and deals

Antitrust actions against Google in Europe seem to be growing. European Union regulators have sent out questionnaires to those possibly impacted by Google's decisions about Android policies, and are requesting "any written or unwritten" exclusivity deals that the search engine giant has made with wireless carriers, developers, and other companies.

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European Commission approves Apple acquisition of Beats

07/28, 10:08am

Clears major legal obstacle

The European Commission has authorized Apple's $3 billion takeover of Beats, according to an official statement. The organization was tasked with scrutinizing any possible antitrust concerns in the deal. In its judgment, the Commission notes that while both Apple and Beats sell headphones in Europe, even their combined marketshare is low, and the companies aren't in close competition. Their headphones are said to "differ markedly in functionality and design."

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EU: Apple failing to make 'true cost of apps' clear on App Store [U]

07/18, 6:34pm

Company yet to offer commitment, details for required changes

[Updated with Apple rebuttal] Despite both Apple and Google being asked to take measures to make the "true cost of apps" clearer before they're downloaded from an app store, Apple is providing "no firm commitment and no timing" for action, according to a statement from the European Commission. At issue are so-called "free-to-play" or "freemium" apps, which are technically free to use, but often require in-app purchases to make real use of them. Some games, in particular, have exploited lax authorization measures around those purchases to lure children into buying dozens, hundreds, or even thousands of dollars' worth of digital content without their parents' consent.

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EU quizzes tech companies over Facebook-WhatsApp acquisition

07/10, 12:28pm

Questionnaires sent by European Commission ahead of formal Facebook purchase review

Officials in the European Union are allegedly questioning competitors of WhatsApp over the proposed acquisition by Facebook. The European Commission, the competition authority, is said to have sent detailed questionnaires to a number of "major technology and online-messaging firms" about how much of an the impact the $19 billion merger will have on the messaging and social network marketplaces.

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EU to rule on antitrust compliance of Apple-Beats deal by July 30

06/25, 11:00am

Could ask for concessions if deal thought to be too anti-competitive

Antitrust regulators with the European Commission will rule by July 30 whether or not Apple's $3 billion takeover of Beats can go ahead as planned, according to Reuters. The Commission has several options available: it can authorize the deal as signed, or ask for concessions -- such as divestiture -- if it's determined that the buyout would give Apple too much industry control. In a worst-case scenario, the Commission could launch an investigation that might even scuttle the acquisition.

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European roaming charges will be reduced by up to 55 percent in July

06/24, 2:46pm

Roaming changes mandated by European Commission affects call, text, data costs

In a repeat of similar moves last year, mobile phone users in Europe will soon be able to use their smartphones in other countries on the continent at a lower cost. From July 1, roaming caps introduced by the European Commission will see the cost of calls and text messages reduced, with the high note being the reduction of maximum data charges from last year's cap of 45 euro cents ($0.61) per megabyte to 20 cents ($0.27) before tax, a decrease of 55.5 percent.

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Aptoide files European antitrust complaint over Google Play dominance

06/18, 1:10pm

Claims Google abusing position over third-party app store measures

Google is abusing its position as the dominant Android app store, according to an antitrust complaint from another app marketplace. Aptoide, a store from Portugal that hosts 200,000 apps and has 6 million active users, has met with European Commission representatives in the last week, and claims that Google makes it unfairly difficult for Android users to use a different app store with their device instead of Google Play.

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Intel fails in appeal against $1.4B European Commission fine

06/12, 10:41am

Second-highest European court sides with EC over Intel anti-competitive behavior fine

Intel must pay a 1.06 billion euro ($1.44 billion) fine handed to it by the European Union five years ago, the second-highest court in Europe has ordered. Judges based at the General Court in Luxembourg stood by the fine, issued by the European Commission in 2009 over anti-competitive behavior designed to squeeze AMD out of the processor market.

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Apple issues statement denying wrongdoing in Irish tax loopholes

06/11, 3:54pm

Company insists it 'pays every euro' it owes

Apple has issued an official response to the European Commission's investigation into its tax practices in Ireland. "Apple pays every euro of every tax that we owe," the statement reads. "We have received no selective treatment from Irish officials. Apple is subject to the same tax laws as scores of other international companies doing business in Ireland."

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EU to investigate Apple, Fiat, Starbucks for tax evasion

06/11, 9:41am

Presences in Ireland, Netherlands, and Luxembourg suspect

As was hinted yesterday, the European Commission has announced a formal investigation of Apple, Fiat, and Starbucks for possible tax evasion. In particular the probe will concentrate on Apple's affiliates in Ireland, Starbucks' footprint in the Netherlands, and Fiat Finance and Trade in Luxembourg. "In the current context of tight public budgets, it is particularly important that large multinationals pay their fair share of taxes," states Joaquín Almunia, the Commission's VP for competition policy. "Under the EU's state aid rules, national authorities cannot take measures allowing certain companies to pay less tax than they should if the tax rules of the Member State were applied in a fair and non-discriminatory way."

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European Commission reportedly launching Apple Ireland tax query

06/10, 2:05pm

Regulatory officials concerned that Ireland offered low tax rates as incentive

Europe's antitrust and consumer investigation agency, the European Commission, is allegedly opening up an inquiry into Apple's tax practices in Ireland. The review reportedly magnifies existing efforts looking at the business arrangements of many multi-national companies that have a presence in Ireland, and will focus on whether Apple was given special tax treatment to set up shop.

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Facebook asks European regulators to review Whatsapp purchase

05/28, 6:59pm

Company uses provision in merger law to ask for single review process

Even though Facebook already has approval from the United States Federal Trade Commission for the $16 billion purchase of Whatsapp, the company is looking to get ahead of the game in Europe. Facebook has asked regulators that are part of the European Commission to review the acquisition deal ahead of possible antitrust concerns.

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Google's European Commission antitrust settlement meeting resistance

05/24, 12:47pm

French, German commissioners balking, need more from the deal

Despite Google having made "significant concessions" in its eyes to the European Commission anti-trust regulatory agency, at least two commissioners are calling for more from the search engine. Politicians from France and Germany are demanding that Google add more to the package to allow for a more level playing field for European businesses, or scrap the proposal entirely and start from scratch.

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Ofcom plans changes to installations, repairs performed by Openreach

05/20, 8:31am

Repairs, installation targets for phone connections in UK could reduce under Ofcom proposals

British regulator Ofcom is considering changes to standards relating to installation and repairs to phone lines in the United Kingdom, as part of a three-yearly review. Openreach, the wholesale arm of BT which performs installations and fault repair for multiple telecommunications companies, as well as managing the infrastructure of the phone system, will receive lower fault repair targets and will be forced to offer reduced charges to customers, if Ofcom's proposals are accepted.

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Norwegian Consumer Council tackles 'convoluted' iCloud terms

05/14, 2:38pm

iCloud 'particularly bad' next to other cloud services

The Norwegian Consumer Council has filed a formal complaint about the terms and condition's for Apple's iCloud, charging that they violate several articles of Norwegian law concerning product marketing. Earlier in 2014, the Council conducted a survey of the terms for several cloud storage services in the Norwegian market, as part of a broader effort at improving terms for all digital services available to Norwegians. Based on data from that survey, the complaint alleges that iCloud's terms are "particularly bad," measuring some 8,600 words and ultimately "convoluted and unclear."

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Motorola expected to dodge EU antitrust fine in Apple v. Motorola

04/25, 12:53pm

Phone maker will likely have to drop injunctions

Lenovo-owned Motorola Mobility will probably avoid an antitrust fine when the European Commission rules on a dispute with Apple, which should happen as soon as next week, two sources tell Bloomberg. Motorola has been accused of using patents simply to block sales of Apple products, but it's believed that the Commission will only order it to drop injunctions over standards-essential patents. The European Union's antitrust head, Joaquin Almunia, recently promised that a decision would be made in the Motorola case by the end of April.

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Google reaches online search agreement with European Commission

02/05, 8:04am

Search results proposal acceptance ends three-year antitrust investigation

The European Commission has settled with Google over its antitrust allegations for anti-competitive behavior in search. The tentative agreement between the search company and the regulator will see Google display the search results from competing services, among other proposals for promoting other companies, in order to put the three-year antitrust investigation to an end.

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Google antitrust proposals rejected by European Union officials

12/20, 12:45pm

Google warned of lack of time before European Commission decides fate

European Union antitrust officials have declared that Google's offer to modify its search results do not go far enough to settle complaints about anti-competitive behavior. A change of heart from what was said in October, the decision by the European Commission (EC) comes with a warning that it is short of time to offer a better solution, and could end up receiving fines of up to $5 billion.

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European Commission warns Nokia away from 'patent troll' behavior

12/09, 7:59am

Threat of antitrust investigation by EC if Nokia overreaches with patents

Nokia has been warned by the European Commission (EC) to avoid becoming a "patent troll," once the company completes the sale of its Devices and Services arm to Microsoft. Joaquin Almunia, head of competition and vice president of the EC, reconfirmed the Commission's approval of the purchase, but advised that there is a danger that Nokia could try to "extract higher returns" from its patent portfolio.

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EU regulators raid Samsung, Philips over alleged price manipulation

12/06, 8:56am

Companies accused of limiting online sales

European Commission agents have reportedly raided corporate offices of Samsung, Philips and retail giant Media-Saturn, as part of an investigation over improper price manipulation, according to a Reuters report. Regulators believe the companies may have colluded to limit online distribution in an attempt to artificially inflate prices.

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European reulgator approves Microsoft's purchase of Nokia hardware arm

12/04, 2:00pm

European Commission finds minimal overlap between Microsoft, Nokia

Microsoft has been given the all-clear to acquire Nokia's mobile phone business by the European Commission (EC). The clearance by the regulatory body comes just one day after the US Department of Justice approved the deal, two weeks after Nokia's shareholders made a similar decision, leaving little in the way of obstructions left for the $7.2 billion deal.

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European Commission moves to rein in NSA spying, restore trust

11/27, 8:17am

Commission blasts US data-collection methods

The European Commission has called on the US to change its data-collection policies to "restore trust" that has been eroded by recent revelations detailing the National Security Agency's foreign spying programs. The Commission has outlined several recommendations, including an EU-US data protection "umbrella" agreement that would give European citizens the right to legally challenge the US government whenever their personal data is intercepted in the US.

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European Commission permits 3G, 4G LTE broadband on flights

11/15, 7:58am

European flight change follows device rule changes by FAA, EASA

Passengers on flights in Europe may be able to use their smartphone's data connection in the future, after the European Commission has revealed new rules allowing the use of 3G and 4G LTE connections in flights. The new rules come shortly after both the FAA and the European Aviation Safety Authority (EASA) allowed the use of electronic devices set in flight mode at takeoff and landing for travel in the US and Europe respectively.

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Samsung proposes five-year patent lawsuit ceasefire to avoid $18B fine

10/17, 10:44am

Proposal sees Samsung avoiding standard-essential patent lawsuits

The European Commission is requesting feedback on an offer by Samsung to stop suing other device manufacturers over specific types of patents. The proposal would prevent Samsung from suing over standard-essential patents (SEPs) for a five-year period, in order to cease the antitrust proceedings it is embroiled in, and to avoid a potential fine from the EC of $18.3 billion.

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EU demands more concessions from Samsung to avoid $18B antitrust fine

09/09, 1:15pm

First proposal deemed insufficient

European Union regulators have reportedly found Samsung's settlement offer to be insufficient, forcing the company to expand its proposal to avoid a fine for its patent lawsuits against Apple. Samsung last year dropped its injunction request, which was deemed improper, however the European Commission continued to pursue antitrust actions that could result in a fine of more than $18 billion.

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Google submits second proposal to avoid EU antitrust fine

09/09, 8:44am

European Commission assesses offer

Google has reportedly submitted a second proposal to the European Commission, offering to change its practices to avoid a potential $5 billion fine. The filing follows an earlier proposal that was also aimed at easing antitrust concerns, which focus on Google's prioritization of its own search services over competing services, though the initial concessions were dismissed as insufficient by EU regulators and competitors.

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Draft roaming charges legislation from European Commission leaks

09/06, 10:13am

Proposals to end European roaming charges to be published next week

Proposals to make European roaming charges illegal have surfaced again, in the form of a leaked draft of legislation. The 93-page document promises to introduce "measures to gradually end mobile roaming surcharges" in the region, and to "guarantee common high levels of consumer protection across the union," in the European Commission's (EC) ongoing battle with mobile carriers on the continent.

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European Commission accepts Penguin proposal to end Apple e-book deal

07/25, 12:13pm

Commitments 'are now legally binding'

The European Commission has accepted a proposal from British publisher Penguin -- and German media conglomerate Bertelsmann -- to toss e-book deals it signed with Apple that are in violation of European competition regulations, according to a press release. "After our decision of December 2012, the commitments are now legally binding on Apple and all five publishers including Penguin, restoring a competitive environment in the market for e-books," states the EC's Competition commissioner, Joaqun Almunia.

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European Commission requests new search result proposals from Google

07/17, 12:35pm

Proposals to end antitrust probe are 'not enough' states Competition head

A proposal by Google to alter its search results does not go far enough to minimize antitrust issues, according to the European Commission (EC). Joaquin Almunia, the European Competition Commissioner believes that the proposals submitted in April by the search giant are "not enough to overcome our concerns," and requests for Google to resubmit with some improvements.

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EU raids Orange, Deutsche Telekom, Telefonica over bandwidth complaint

07/12, 10:19am

Raids of corporate offices follow complaints about Internet capacities

The offices of three major carriers in Europe have been raided by European Union officials as part of an investigation into the practice of bandwidth throttling. The headquarters of Orange, Deutsche Telekom, and Telefonica all received visits from the government officials, trying to find evidence that the three are restricting the bandwidth for companies specifically requiring such high levels.

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EU lowers mobile roaming charges across continent for calls, data

07/01, 1:24pm

Further European roaming charge cuts due next year

A drop in roaming charges mandated by the European Commission has taken place today, lowering prices for Europeans traveling within the continent. The new rules cut the maximum price EU-based carriers can charge their customers per megabyte of data transfer from 70 euro cents ($0.91) down to 45 cents ($0.59), with a further drop scheduled in July 2014 to push it down to 20 cents ($0.26).

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Samsung in EU talks to settle charges of blocking Apple patent use

06/25, 10:58am

Company allegedly prevented Apple from using standards-essential patent

Samsung is in early talks with the European Commission to settle charges of using its market position to block Apple from using a standards-essential mobile phone patent, two Reuters sources say. In December, the Commission told Samsung it was in the wrong in asking for injunctions against Apple for its use of essential patents. "Samsung has been involved in settlement discussions for several months now. Samsung wants to settle," one of the sources explains.

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European Commission votes to end roaming charges in 2014

06/14, 10:43am

Proposals to help create single European mobile market

The European Commission (EC) has voted to scrap mobile charges caused through roaming in 2014. The vote, held by a group of 27 European Commissioners on Tuesday, fast-tracks the proposal to ban the extra charges on calls, texts, and data, with a view to having it implemented by carrier by the beginning of July next year.

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Report: European Commission to investigate Android licensing

06/13, 6:18pm

Rivals claim that Google using unfair tactics to give platform an edge

Having just reached a legally-binding settlement with the European Commission in an anti-trust investigation over its deceptive use of paid ads appearing as search results indistinguishable from independent results and its anti-competitive blocking of other services on sites that use AdSense, the company now faces a new investigation over its Android licensing deals. Claims from rivals such as Nokia, Microsoft and FairSearch.org allege that Google licenses Android to device manufacturers below cost, and makes demands about the placement of Google services and products.

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European Commission questions carriers over Apple sales tactics

05/27, 3:07am

Questionnaire asks if anti-competitive clauses in Apple contracts exist

The European Commission is looking into how Apple sells the iPhone in Europe, by asking carriers about their experience with the company. A questionnaire allegedly sent to carriers in the region asks if Apple's sales tactics are anti-competitive, a well as asking if Apple restricts the iPhone's use on some sort of technical level.

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Motorola issued EU warning for FRAND patent abuse against Apple

05/06, 8:40am

Motorola suffers major setback in FRAND patent case against Apple

Motorola has been issued a formal warning by the European Commission for potential FRAND patent abuse against Apple in a case underway in Germany. The EU Commission has formed a preliminary view that Google-owned companys case against Apple violates the EUs antitrust rules and that its misuse could ultimately harm consumers. The development is a major blow to Google, which purchased Motorola for $12 billion in large part to use Motorolas patents as a defense against Apples legal attacks on its Android partners.

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European Commission seeks Google search proposal comments

04/25, 10:19am

Feedback requested on search labeling agreement

The European Commission has opened itself up to comments from Google's competitors, concerning how the search giant should display links to rival services next to its own. The feedback request comes after Google struck a deal with the EC to end its two-year antitrust investigation into its search practices, with the agreement including a number of concessions in search results and other products.

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Google settles with European Commission over antitrust probe

04/15, 11:28am

Google agrees to label search results, links to competitors

Google has struck a deal with the European Commission, in order to end a two-year antitrust investigation into its search practices, according to a report. The legally binding agreement will see Google clearly labeling any search results that come up for its own products and services, and in some instances, providing links from competing search engines.

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France to ask EU to investigate Apple over AppGratis rejection

04/11, 5:55pm

French developer admitted to breaking Apple's guidelines

Calling Apple's decision to pull AppGratis out of the App Store for its violation of the rules "extremely brutal and unilateral," a junior minister for the digital economy in France has said she plans to ask the European Commission to investigate "Internet companies" for "repeated abusive behavior" and called for tighter regulation of digital platforms, search engines and social media. The thinly-veiled attack on Apple, Google and social services like Twitter and Facebook comes on the heels of Apple's pulling of the France-based iMediapp's program.

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Google formally submits European Commission antitrust proposal

04/11, 5:34pm

Proposal, if accepted, will likely lead to no fine paid by search engine

In response to the antitrust investigation by the European Commission, Google has formally submitted a proposal to the agency -- attempting to end a two-year investigation. The proposal, if accepted, will reportedly see Google clearly marking on search results what is a Google product, and impose fewer restrictions on advertisers. Google's proposal includes no fine paid to the Commission for its prior bad behavior.

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EU regulators consider antitrust charges over iPhone deals

03/22, 12:13pm

Early probing underway

European Union regulators are examining whether or not the deals Apple signs with cellphone carriers might violate antitrust laws, the New York Times reports. Several carriers are said to have complained that Apple's arrangements hurt competition; a source for the Times adds that while no formal complaints have been filed, a group of carriers recently submitted information about their contracts with Apple to the European Commission. The Commission has confirmed that it is looking at the deals, but that it hasn't started an official investigation.

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