ICOMP Comment on EU Commission's Statement of Objections

If the FT report that Google will be served with a Statement of Objections by the European Commission is accurate, then this is a very significant development. A Statement of Objections represents a formal finding by the Commission that Google is dominant and that its actions have caused harm to businesses and consumers in Europe. We await formal confirmation from the Commission, but if confirmed this is an important step towards a successful return to a fair and competitive online marketplace that will be welcomed by our members. Please note: DMLA has been an active member of iComp for the last two years and although this move by the EU has no immediate consequences for the United States, we hope that it will begin to place pressure on the FTC and other government agencies to look at Google again for anti-trust practices.See Financial Times article here