Stock Market News

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

2024.12.11 14:47

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:) 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.

© Reuters. FILE PHOTO: People walk next to a Google logo during a trade fair in Hannover Messe, in Hanover, Germany, April 22, 2024.  REUTERS/Annegret Hilse/File Photo

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.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 99,875.76 3.01%
ethereum
Ethereum (ETH) $ 3,395.77 5.64%
xrp
XRP (XRP) $ 3.05 8.87%
tether
Tether (USDT) $ 1.00 0.05%
bnb
BNB (BNB) $ 711.30 1.91%
solana
Solana (SOL) $ 203.16 8.31%
dogecoin
Dogecoin (DOGE) $ 0.378092 4.81%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 1.05 4.00%
staked-ether
Lido Staked Ether (STETH) $ 3,393.39 5.77%
tron
TRON (TRX) $ 0.234968 5.99%
avalanche-2
Avalanche (AVAX) $ 39.48 7.84%
stellar
Stellar (XLM) $ 0.47381 2.52%
sui
Sui (SUI) $ 4.71 4.09%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,052.65 5.54%
chainlink
Chainlink (LINK) $ 21.81 6.92%
the-open-network
Toncoin (TON) $ 5.48 2.49%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 2.86%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 99,591.68 2.99%
hedera-hashgraph
Hedera (HBAR) $ 0.325459 9.15%
content-bitcoin
Content Bitcoin (CTB) $ 24.49 3.10%
polkadot
Polkadot (DOT) $ 7.08 6.14%
usd1
USD1 (USD1) $ 1.00 96.85%
weth
WETH (WETH) $ 3,397.70 5.72%
bitcoin-cash
Bitcoin Cash (BCH) $ 456.99 4.09%
leo-token
LEO Token (LEO) $ 9.62 3.64%
litecoin
Litecoin (LTC) $ 118.07 15.27%
uniswap
Uniswap (UNI) $ 14.42 9.35%
hyperliquid
Hyperliquid (HYPE) $ 24.07 6.29%
bitget-token
Bitget Token (BGB) $ 6.64 2.38%
pepe
Pepe (PEPE) $ 0.000019 7.14%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,583.69 5.39%
usds
USDS (USDS) $ 1.00 0.08%
near
NEAR Protocol (NEAR) $ 5.21 4.95%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.02%
aptos
Aptos (APT) $ 9.41 5.43%
internet-computer
Internet Computer (ICP) $ 10.70 4.72%
aave
Aave (AAVE) $ 316.22 7.44%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.479933 5.22%
ethereum-classic
Ethereum Classic (ETC) $ 26.73 5.35%
vechain
VeChain (VET) $ 0.048656 8.50%
render-token
Render (RENDER) $ 7.52 8.74%
crypto-com-chain
Cronos (CRO) $ 0.141681 3.56%
monero
Monero (XMR) $ 207.62 0.15%
mantle
Mantle (MNT) $ 1.13 3.52%
mantra-dao
MANTRA (OM) $ 3.91 5.23%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.69 27.62%
algorand
Algorand (ALGO) $ 0.439949 13.33%
bittensor
Bittensor (TAO) $ 447.00 7.63%
dai
Dai (DAI) $ 1.00 0.01%