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EU competition head gives Google a 'matter of weeks' to offer an antitrust fix
The European Union has been taking a leisurely pace investigating Google over possible antitrust abuses, but it's now accelerating to a full-on sprint. European Commission competition head Joaquin Almunia has given Google just a "matter of weeks" to propose how it would patch things up and soften fears that it was unfairly pushing its own web services over others. If Google makes the Commission happy, Almunia says, the whole investigation might wrap up and avoid fines. Google hasn't responded yet, but we wouldn't guarantee that it makes a deal: its execs have usually argued that there's nothing keeping users from going to another search site, and the company has been eager to emphasize that competition still exists. That said, Google only has to see what happened to Microsoft to know how expensive an EU antitrust fight can be.
Western Digital purchase of Hitachi's hard drive business approved by EU regulators
Two of the hard drive industry's biggest players will soon be just one company. European Union regulators have given a conditional thumbs-up to Western Digital's plans to snatch up Hitachi's storage division for $4.3 billion. The companies are the second and third largest hard disk manufacturers in the world (respectively) behind Seagate, which purchased Samsung's HDD division back in April. Out of concern for the quickly consolidating market, regulators only approved the Western Digital deal after assurances that the company would sell off some its production assets, including a manufacturing plant, and transfer some intellectual property to the new unit being put on the auction block. As soon as WD finds a buyer it'll be free and clear to take over Hitachi's HDD division. So, anyone interested in a hard drive manufacturing plant?
Apple and Samsung's patent battle draws concern from EU Competition Commission
It appears that Samsung and Apple's never-ending game of patent Risk is beginning to draw concern from government regulators. The European Union's Competition Commission is investigating the companies' various disputes out of a growing worry that the war could be stifling competition in the mobile market. The agency's commissioner, Joaquin Almunia, has request information about the patents in question from both companies, though he has yet to receive a reply. Almunia was careful to point out that this is hardly the only example of a potential abuse of intellectual property rights to distort the market, but with more than 20 cases in 10 countries it's certainly one of the largest and most high profile. If the commission chooses to pursue legal action both Samsung and Apple could be fined up to 10 percent of their annual revenue. Maybe under threat of such hefty fines, the two competitors will put aside their differences and actually compete... you know, in the marketplace instead of in the court room.
