Google's deal to avoid a huge antitrust fine in Europe is no "gentlemen's agreement," the European Commission's competition chief said on Friday.
Speaking at an antitrust conference, Joaquin Almunia defended the recent deal with Google in which the search giant agreed to certain conditions to settle a long-standing investigation. To avoid a potential antitrust fine as high as $5 billion, Google agreed to display search results to its own services in the same way as those for rival companies, along with other concessions.
Google's latest rapprochement may have satisfied Almunia. But other parties aren'… Read more