European regulators have decided to rule on Google Inc. (NASDAQ:GOOG)'s
antitrust allegations in March. Google Inc. (NASDAQ:GOOG) To Learn European Fate
Reuters has reported that European regulators will take a decision by the end of
the first quarter on whether to file a complaint against Google Inc.
(NASDAQ:GOOG) over the allegations that the company violated antitrust rules.
The company faces 10 complaints from its rivals accusing it of favoring its own
sites in search results. The European Securities and Exchange Commission began
the probe in November 2010. EU Competition Commissioner Joaquin Almunia said,
"I will receive comments from the case team towards the end of the first
quarter. I do not expect anything sooner. Let us see". Google Inc.
(NASDAQ:GOOG) shares were at 632.91 at the end of the last days trading. Theres
been a 6.5% change in the stock price over the past 3 months. Google Inc.
(NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.18 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.18 Zacks
Rank: 5 out of 29 in the industry
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