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.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.