The European Union has delayed the long-anticipated antitrust fine on Alphabet's Google while awaiting a decision from the US government on tariffs on European cars.
Reasons for the Postponement
According to three sources, the European Commission responsible for antitrust regulation has chosen not to move forward with its penalty against Google. The Commission decided to stay the fine while waiting for the United States to fulfill its promised reduction of tariffs on European cars.
Criticism and Independence Concerns
The potential connection between EU antitrust enforcement and trade negotiations with the US has drawn criticism. Germany's Monopolies Commission expressed concern, stating that the delay sets a worrying precedent. Commission Chairman Tomaso Duso warned against competition protection becoming a 'pawn'.
Investigation Importance in Trade Context
The investigation leading to the potential fine began after a complaint from the European Publishers Council. Google is accused of unfairly favoring its own services in online advertising. It is expected that once trade talks conclude, the Commission will proceed with its decision on the case.
The delay of the fine against Google highlights the complex interconnections between trade policy and antitrust regulation in Europe. The final decision on the fine will depend on the outcomes of the trade negotiations with the US.