Sharecast
  • uk
    uk United Kingdom
    it Italian
    es Spanish
    pt Portuguese
    fr French
    de German
    zh-CN Chinese (Sim.)
    zh-TW Chinese (Tra.)
    ru Russian
    da Danish
    hr Croatian
    nl Dutch
    fi Finnish
    ja Japanese
    sv Swedish
    no Norwegian
    pl Polish
    ro Romanian
    sr Serbian
    tr Turkish
    id Indonesian
    bs Bosnian
    bg Bulgarian
    ca Catalan
    cs Czech
    el Greek
    af Afrikaans
    sq Albanian
    am Amharic
    ar Arabic
    hy Armenian
    az Azerbaijani
    eu Basque
    be Belarusian
    bn Bengali
    ceb Cebuano
    ny Chichewa
    co Corsican
sharecast

German cartel watchdog launches probe into Google

  • Home
  • UK Shares
      UK SHARES
    • Home
    • Results
    • Broker Views
    • Director Dealings
    • IPO Centre
    • Company Diary
    • Regulatory News
    • Company A-Z
  • Market Data
      MARKET DATA
    • Overview
    • Indices
    • Currencies
    • Commodities
    • Gilts
    • ETFS
    • Bonds
  • Sharecast News
  • Cryptocurrencies
  • Technical Analysis
  • Active Trader
  • Funds
      FUNDS
    • Funds Centre
    • Managers
    • News
  • Brokers
      BROKERS
    • Home
    • Forex
    • Shares
    • Binary Options
    • CFDs
    • Futures
    • Options
    • Spread Betting
  • Learn on finance
  • Spread Bet
      SPREAD BET
    • Learn
    • Strategies
  • Economic calendar
  • Portfolio
  • Watchlist
  •  More
    • Home
    • UK Shares
      • Home
      • Results
      • Broker Views
      • Director Dealings
      • IPO Centre
      • Company Diary
      • Regulatory News
      • Company A-Z
    • Market Data
      • Overview
      • Indices
      • Currencies
      • Commodities
      • Gilts
      • ETFS
      • Bonds
    • Sharecast News
    • Cryptocurrencies
    • Technical Analysis
    • Active Trader
    • Funds
      • Funds Centre
      • Managers
      • News
    • Brokers
      • Home
      • Forex
      • Shares
      • Binary Options
      • CFDs
      • Futures
      • Options
      • Spread Betting
    • Learn on finance
    • Spread Bet
      • Learn
      • Strategies
    • Economic calendar
    • Portfolio
    • Watchlist
  1. 03 Jun, 2025
  2. Home
  3. International Companies
Abigail Townsend Sharecast News
25 May, 2021 12:52 25 May, 2021 12:52

German cartel watchdog launches probe into Google

Germany’s antitrust regulator has launched a probe into Google, it was confirmed on Tuesday.

ALPHABET-A

$169.03

13:10 02/06/25
-1.58%
-$2.71

Amazon.Com Inc.

$206.65

13:10 02/06/25
0.80%
$1.64

META PLATFORMS

$670.90

13:09 02/06/25
3.62%
$23.41

Nasdaq 100

21,491.75

12:15 02/06/25
0.71%
150.76

The Bundeskartellamt, the country's Federal Cartel Office, has started proceedings against Google Germany, Google Ireland and Alphabet, Google’s US parent company.

It said it initially wanted to established if the tech giant was of “paramount significance across markets” due to the wide range of digital services it offered, including its search engine, YouTube, Google Maps and Chrome.

Andreas Mundt, Bundeskartellamt president, said: "An ecosystem which extends across various markets may be an indication that a company holds such a market position. It is often very difficult for other companies to challenge this position of power."

A second probe will also assess how Google handles customer data.

"Google’s business model relies to a very large extent on processing data relating to its users," argued Mundt. "Due to its established access to data relevant for competition, Google enjoys a strategic advantage. We will therefore take a closer look at the company’s data processing terms."

The investigation has been launched under the enhanced German Competition Act, after an amendment came into force in January allowing authorities to intervene earlier. The Bundeskartellamt can prohibit companies from engaging in anti-competitive practices.

It has already opened similar probes into Facebook and Amazon.

A spokesperson for Google, which is co-operating with the investigation, told Reuters that people used its services because they were helpful, and not because they were forced to. He added: “We give people easy control over how their information is used and we limit the use of personal information.”

contador
Advertising

THE MOST READ

    • KKR pulls out of planned Thames Water investment
    • London open: FTSE dips as Chinese factory data hits miners
    • London pre-open: Stocks seen up; BAT, Chemring results in focus
    • Tuesday newspaper round-up: M&S, Boohoo, commercial landlords
    • London midday: Stocks flat after OECD growth projections, China data
    SEE THE FULL LIST

    SMART BOX info

    More about you
    • High
    • Medium
    • Low

    You are seeing these quotes based on previous browsing related to sectors such as:

      You are seeing these stories as you have shown an interest in the following categories

        Advertising
        Loading:

        RELATED NEWS

        0% Complete

        German cartel watchdog launches probe into Google
        france la concurrence inflige une amende de 150 millions d euros a google
        Dollar General posts stronger-than-expected first-quarter earnings
        dl dollar general corporation dg dolgencorp dollar general us discount retailer storefront logo generic 20231207 2229
        Rockhopper suffers setback in long-running Italy arbitration
        dl rockhopper exploration aim falkland islands oil gas exploration production energy logo
        Toyota to take Toyota Industries private in $33bn deal
        dl toyota motor corporation japan automobiles car maker carmaker cars exports logo badge pb
        FD Technologies pleased with full-year performance
        dl fd technologies aim first derivatives f d financial services cloud computing logo
        Gateley flags full-year revenue growth of 4pc
        dl gateley holdings plc aim industrials industrial goods and services industrial support services professional business support services logo 20230118
        US pre-open: Futures lower after OECD cuts US growth outlook
        dl nyse new york stock exchange wall st street city finance dow jones nasdaq sp finance dollar dollars us usa united states of america
        TotalEnergies snaps up solar, battery assets in south of England
        Europe midday: Stoxx retreats as OECD cuts global growth outlook
        London midday: Stocks flat after OECD growth projections, China data
        dl city of london square mile financial district skyline river thames london stock exchange lse ftse trading finance generic pexels
        Eurozone inflation falls below ECB target
        dl euro ecb european central bank europe eurozone common currency area eu eur sign pb
        • About us
        • Advertising
        • Terms & Conditions
        • Privacy policy
        • Cookies
        • Contact
        Back to the top

        2025 © Sharecast.com. All rights reserved.

        Login with Facebook
        Login with Google
        o
        Forgot password?
        Don’t have an account? Sign In