Antitrust Officials to Meet About Google's Business Practices
Web giant's business practices to be further examined.
U.S. and European officials who are leading separate antitrust investigations into Google are expected to meet next week to discuss the search engine's business practices.
Federal Trade Commission Chairman Jon Liebowitz is said to be meeting with European Union competition chief Joaquin Almunia on Monday to discuss a number of cases, including Google's, an EU official confirmed.
Google's business practices has been investigated on several occasions by the FTC. The body has predominately focused on the way Google displays search results, which has been criticized for favoring the firm's own services over those of its competitors.
The United States trade agency is also examining Google decisions pertaining to technology licensing, which has received attention due to criticism of it being anti-competitive.
Google is said to have been engaged in settlement talks with the FTC for around a week, but is apparently resisting pressure to enter into a consent decree that'll affect its range of products. CEO Larry Page is reported to have met with FTC officials this week in Washington to discuss the matter.
Should the technology titan be found to be in violation of European antitrust laws, Google faces a fine of up to 10 percent of its global revenue, which is around $4 billion.
Meanwhile, due to Google combining its 60 policies into a central one, the company was ordered last month to change it following a nine-month investigation.