Google, European Union agree to settle search row

Feb 05, 2014, 7:28 AM EST
 sign is posted on the exterior of Google headquarters on January 30, 2014 in Mountain View, California.
AFP/Getty Images

Google has offered further concessions to address regulatory concerns about its search technology, the European Commission said on Wednesday, effectively settling a three-year investigation and avoiding a fine of up to $5 billion. The world's dominant search engine has been the focus of a Commission investigation since November 2010, when more than a dozen complainants across Europe accused the company of promoting its own services at their expense.

Background:

Google and E.U. agree to settle search row [FT]

Google improves antitrust offer, EU says deal in sight [Reuters]

Google clinches E.U. antitrust pact with pledge over rivals’ links [Bloomberg]

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