Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Google Inc (GOOGL) Doesn’t Even Feel Threatened By News Corp (NWSA)

Google Inc (NASDAQ:GOOGL) is carrying a difficult negotiation with the European Commission regarding possible infringements that the company might have committed. The tech heavyweight has a long series of complaints registered at the law enforcement institution over the ocean. The last two major companies to file such an official accusation were Microsoft Corporation (NASDAQ:MSFT) and News Corp (NASDAQ:NWSA). The latter firm got a strong response from the leading search engine business, according to Reuters.

Google GOOG

Google Inc (NASDAQ:GOOGL) has been partly diligent in complying to the antitrust rules and regulations as the changes implemented by the tech giant only marginally diminished its self-favoring practices in the company’s search engine. Mr. Joaquín Almunia, the current European Commissioner for Competition pursued a settlement with Google Inc (NASDAQ:GOOGL) that was expected to be signed by the end of his 5-year term. However, due to the large number of complains an several issues identified, it will be the diligence of the former Danish economy minister Margrethe Vestager to give a verdict on the case.

News Corp (NASDAQ:NWSA)’s CEO, Robert Thomson, accused Google Inc (NASDAQ:GOOGL) of having intentions to exploit market dominance in competitors’ detriment. The latter company’s head of global communications, Rachel Whetstone, posted a response on the firm’s blog denying vehemently the accusations brought up. She also mentioned the fact that Google Inc (NASDAQ:GOOGL) spends enormous amounts of money, tens of millions of dollars, to battle piracy on YouTube and copyright infringements on pages among search results. About 222 million web-pages have been removed from the suggestions displayed in the course of last year.

Now, this can evolve into a he said she said game with little essence attached to it, so hopefully the companies will settle at a common denominator without begging officials to follow certain decisions. In any case, Google Inc (NASDAQ:GOOGL) will have to dodge more stones thrown at it as the European Commission continues to examine the company’s progress.

Disclosure: none

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!