|
Yahoo's Frankfurt-listed shares were up 1.1
percent, while Facebook's Frankfurt-listed stock rose 1.3
percent. By contrast, Google's shares in the German market edged
0.1 percent lower.
The European Union will accuse Google Inc on Wednesday of
abusing its dominant position in Internet searches, opening the
U.S. tech company up to a risk of massive fines and enforced
changes in its business model, reported the Financial Times and
Wall Street Journal.
However, two sources familiar with the matter told Reuters that
a formal antitrust charge sheet will not be ready for Wednesday
and could take several more months to draw up. The EU can impose
fines of up to 10 percent of global turnover, or more than $6
billion in penalties in Google's case.
(Reporting by Sudip Kar-Gupta; Editing by Blaise Robinson)
[© 2015 Thomson Reuters. All rights
reserved.] Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
 |
|
