Take a fresh look at your lifestyle.

German cartel office steps up examination of Google products

Investing.com - Financial Markets Worldwide

Please try another search

Stock Markets25 minutes ago (Jan 05, 2022 04:46AM ET)

3/3

German cartel office steps up examination of Google products © Reuters. FILE PHOTO: A sign is pictured outside a Google office near the company’s headquarters in Mountain View, California, U.S., May 8, 2019. REUTERS/Paresh Dave

2/3

BERLIN (Reuters) -Germany’s cartel office said it was examining Google’s use of personal data and its Google News Showcase product under its new powers to regulate internet companies, and was also considering cases involving Amazon (NASDAQ:), Apple (NASDAQ:) and Facebook (NASDAQ:) owner Meta.

The regulator said on Wednesday it had determined that Google’s owner Alphabet (NASDAQ:) met the scale threshold required for a company to be subject to new extended supervisory powers to regulate large internet companies that it acquired last year.

“The Federal Cartel Office can now tackle concrete forms of behaviour that harm competition,” office president Andreas Mundt said. “We have already started looking more intensively at Google’s processing of personal data and the topic of Google News Showcase.”

He added that the office was also considering further cases involving Amazon, Apple and Facebook owner Meta.

The office began looking at Google’s use of personal data in May last year and at the selection of news offered under Google News Showcase in June.

Related Articles

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More