Financial Times came to the draft resolution, which would reduce the monopoly Google through the division of the company. Part of the company, which is responsible for the search engine would probably be converted into a separate company.
The legal record does not shine directly the name “Google”, said generally about the need to separate search of other forms of business. The aim of the European Parliament is to create a level playing field for competition. The new regulations will hit the giant’s Mountain View, whose share of the search engine market is 90 percent.
The Financial Times explains that the possible division of Google is possible, but it can be difficult to carry out. In a sense, the draft resolution targeting Google has a political subtext – according to the Financial Times, an anonymous source who knows the scenes of the creation of the Act, to request the division of the company are disproportionate to the conclusions that drew the European Parliament with the investigation of turned on Google monopoly from 2012.
This may mean that demand separation of companies only search a little “too”. On the other hand, rivals such as Yelp claim that they can not properly grow just by the monopoly of Google.
According to the agency Reuters Google division could pose a serious threat to the operation of the company.
The resolution is currently in the final phase of consultation. The fact that the EU wants to actually call Google to split’ll find out on Thursday.
The European Union has launched an antitrust investigation against Google in 2012 , two years after receiving the first complaints from competitors.
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