Entries with tag business practices.

EU Says Google Concessions Inadequate

The European Commission says Google’s proposed resolutions to an ongoing anti-trust investigation are insufficient and do not alleviate concerns about blocking competitors in web search results. Joaquin Almunia, the European Competition Commissioner stated at a Wednesday news conference that he has asked Google to submit improved concessions. The search giant, which has roughly an 80 percent share of the search market in Europe, originally submitted proposed concessions to the European Commission in April to resolve a three-year investigation. It offered to mark its products in search results, provide links to at least three rival sites in results, and allow advertisers to move to competing search services. Google could be subject to significant fines if the matter is not resolved. It had been thought the matter could be concluded by year’s end. Google says it stands by its current offer. (Reuters)(CNET) 

Taiwan Investigates Samsung Practices

Taiwanese fair-trade officials have reportedly launched an investigation into Samsung’s business practices after allegations surfaced that the South Korean technology company paid individuals to submit critical reviews of products by Taiwanese rival HTC. The company reportedly hired students to post unfavorable reviews of HTC phones and to suggest that consumers purchase unlocked Samsung handsets instead. Samsung hasn't formally responded to the charges. However, Samsung’s Taiwan Facebook page reportedly said that the company regretted any confusion and inconvenience its Internet marketing may have caused and that it “has halted all Internet marketing such as posting articles on websites.” If found guilty, Samsung could be fined up to 25 million Taiwanese dollars (about $840,000 at press time). (BBC)(InformationWeek)(TechCrunch)(AFP)
 

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