Feb 11
22
Outgoing CEO Eric Schmidt met with Joaquin Almunia, vice president of the European Commission, during the World Economic Forum in Switzerland to discuss the ongoing EU antitrust investigation . During the meeting, Schmidt asked Almunia to quickly complete the inquiry, which consists of sending out questionnaires to companies (and were due back by the middle of this month). Schmidt also reportedly wants Almunia to give Google a chance to offer a solution to the findings before any punishment — potentially up to 10 percent of Google’s worldwide revenue — is handed down
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Google Antitrust Deal in Works? Schmidt Meets With Key EU Regulator