- Google (GOOG, GOOGL) competitors ask EU antitrust regulators to ensure the company treats rival shopping services equally.
- The European Commission fined Google $2.9B for unfairly penalizing competing shopping services in its search results.
- Google said last year it would open bidding for ads at the top of search pages and would compete against its rivals for the spots on equal terms.
- Rivals say that remedy “is, on its face, non-compliant with the prohibition decision” while Google says it is complying.
- The antitrust authority has sought feedback from both parties.
- The Information reports that Google has talked to construction startup Katerra about building nearly 10K on-campus apartments for employees in Mountain View, California.
- Katerra has raised around $1.1B from Softbank, Apple (NASDAQ:AAPL) supplier Foxconn, and DFJ.
- Previously: Alphabet roundup: Google launches Slack competitor, snippets; Waymo does demo (Feb. 28)
- Now read: Hedge Funds Stick With Growth And Momentum Favorites
Original article