Though the European Union is currently at war with Google Inc (NASDAQ:GOOGL), Margrethe Vestager, the Danish politician who heads the European body that has filed formal antitrust charges against the Silicon Valley giant admits that everyone can’t help but “admire” how prosperous the company has become.
The comment from Vestager, the EU’s competition commissioner, came from an interview with CNBC’s Sara Eisen where she also vehemently denied that pressure from other companies was a major reason why Google Inc (NASDAQ:GOOGL) has been charged with perpetrating antitrust practices.
“A number of the companies who have complained about Google are American but more companies are European. You find both. And you find the people that complain being sort of direct and also being balanced about it because I think everyone admires the success of Google but they also want Google to play by the rulebook,” Vestager tells Eisen.
The CNBC reporter asked whether American companies like Microsoft Corporation (NASDAQ:MSFT) lobbied hard against Google Inc (NASDAQ:GOOGL) which may have led to the filing of charges against the Internet search and advertising juggernaut.
Eisen says that the European politician was adamant that her organization had to hear all the evidence of the case before they decided for formally charge the company. Eisen also says that Vestager describes her agency’s investigation into the Android operating system – of which Google Inc (NASDAQ:GOOGL) is the main benefactor – as in a really early stage.
Vestager was unyielding, however, from the beginning of the interview that this case against Google is not about bias, opposite of what Jim Cramer may have one believe.
“I think that there are reasons for doing this. To say that Google is a big, successful company, very dominant in Europe, in general search. Our preliminary review is that they have used that dominance to promote their own services and you can’t do that due to European law,” Vestager says early in the interview.
Eisen notes that the politician admits that she may be a tougher commissioner that her predecessor. The CNBC reporter also says that Vestager vows she will be as hard on other companies as she is on Google at the moment.
Boykin Curry’s Eagle Capital Management owned 774,750 Class A Google Inc (NASDAQ:GOOGL) shares by the end of 2014.
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