BRUSSELS: Google agreed to make concessions on how it displays competitors' links on its website on Wednesday, in a deal with the European Union regulator that ended a three-year antitrust probe and avoided a fine.
The agreement means the world's dominant search engine has avoided a process that could have lead to a fine of up to US$5bil (RM16.62bil), or 10% of its 2012 revenue. It must stick to the deal for the next five years.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!