Connect with us

Hi, what are you looking for?

Jewish Business News

Business

EBay CEO Comes To Google’s Defense in EU Anti-Trust Case

“Yes . . . We are a strong commerce competitor [of Google’s].”

google-antitrust-monopoly
Google has gotten the support of an unlikely ally in its defense against anti-trust charges by the European Union: EBay. That company’s chief executive, John Donahoe, made comments to the Financial Times that shoot holes through the E.U.’s claims that Google is a monopoly.

Donahoe has pointed out that his company offers strong competition to Google, telling The Financial Times, “Yes . . . We are a strong commerce competitor [of Google’s].”

The publication also cited numerous experts who explained that things have changed since the E.U. first began its investigation of Google and that the anti-trust charges may not hold up.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

But Donahoe may not be entirely altruistic. As the CEO of a major international company he certainly needs to be concerned about the ramifications for EBay should Google lose its case.

The European Union has charged that Google engages in monopolistic practices by shutting out the competition. The company stands accused of falsifying search results to drive users to its own shopping service at the expense of other businesses.

The EU is also investigating whether or not Google’s Android mobile operating system violates its laws. Apparently the more popular Apple iOS which can only be used with that company’s iPhones and iPads and which has many more apps available for it is not considered enough competition by the EU.

The investigation into Android will focus on whether Google has entered into anti-competitive agreements or abused a possible dominant position in the field of operating systems, applications and services for smart mobile devices.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.