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Dadparvar
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The German competition regulator Bundeskartellamt Wednesday published a decision determining that Google fulfills the criteria for companies having paramount significance for competition across markets. The Bundeskartellamt can now proceed against Google under the recently introduced Section 19a GWB, which seeks to limit the anticompetitive effects of large digital companies in the digital economy.
The Bundeskartellamt initiated proceedings against Google in May last year to determine whether the company is of paramount significance across markets. It found that the vast range of services offered by Google are highly sought after and widely used by businesses across markets. It holds more than 80 percent of the market shares for general search services in Germany and is the primary search advertising provider. Google is thereby in a dominant position and can access a “broad and deep database and further consolidate, expand or otherwise use its position to its own advantage without sufficient control by competition.”
In announcing the decision to subject Alphabet Inc and its subsidiary Google to extended abuse control, the President of the Bundeskartellamt Andreas Mundt stated:
The post Germany competition authority finds Google has cross-market significance and subject to new abuse control appeared first on JURIST - News.
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The Bundeskartellamt initiated proceedings against Google in May last year to determine whether the company is of paramount significance across markets. It found that the vast range of services offered by Google are highly sought after and widely used by businesses across markets. It holds more than 80 percent of the market shares for general search services in Germany and is the primary search advertising provider. Google is thereby in a dominant position and can access a “broad and deep database and further consolidate, expand or otherwise use its position to its own advantage without sufficient control by competition.”
In announcing the decision to subject Alphabet Inc and its subsidiary Google to extended abuse control, the President of the Bundeskartellamt Andreas Mundt stated:
The Bundeskartellamt is expected to draw upon this decision in its ongoing proceedings examining Google’s data processing terms and News Showcase service. The competition regulator is also investigating Facebook (now Meta) on similar grounds in proceedings relating to the link between Oculus and Facebook.
The post Germany competition authority finds Google has cross-market significance and subject to new abuse control appeared first on JURIST - News.
Continue reading...
Note: We don't have any responsibilities about this news. Its been posted here by Feed Reader and we had no controls and checking on it. And because News posted here will be deleted automatically after 21 days, threads are closed so that no one spend time to post and discuss here. You can always check the source and discuss in their site.