A PYMNTS Company

EU/US: Kelkoo contacts US antitrust authorities over Google

 |  June 6, 2019

British ecommerce search engine Kelkoo has contacted antitrust regulators in the US over Google’s increasing market dominance.

According to Reuters, the price comparison site made the move because it believes that European rules to ensure fair competition aren’t as effective as they should be.

Kelkoo and many other technology companies have accused the internet search giant of unfair practices over the way in which it promotes its products and services.

In March, the firm became the fourth biggest net contributor to the EU budget having been slapped with nearly €9 billion in fines over the past two years. That includes the €1.49 billion (US$1.7 billion) fine it received from the EU for anti-competitive conduct through AdSense.

An investigation concluded that Google had abused its market dominance for a decade after it prevented other companies from competing in the online search advertising intermediation sector.

“The Commission found that Google’s conduct harmed competition and consumers, and stifled innovation,” stated the Commission in March.

“Google’s rivals were unable to grow and offer alternative online search advertising intermediation services to those of Google.”

But despite the fact that Google has faced heavy fines from European lawmakers, Kelkoo has suggested that more needs to be done.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.