Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

German competition authority launches probe into Google's news showcase

Published 04/06/2021, 09:30
Updated 04/06/2021, 12:43
© Reuters. FILE PHOTO: The Google logo is seen on on the company's European headquarters in Dublin, Ireland, February 27, 2021.    REUTERS/Clodagh Kilcoyne/File Photo

BERLIN (Reuters) - Germany's competition authority is investigating Alphabet (NASDAQ:GOOGL) Inc's Google News Showcase, a platform which makes news available on the tech giant's news website, it said on Friday.

Cooperation with Google could be attractive for publishers and other news providers and offer consumers better information services, it said.

"However, it must be ensured that this does not lead to discrimination between individual publishers," the statement said. "Nor must Google's strong position in access to end customers lead to a crowding out of competing offerings from publishers or other news providers."

In response, Google said that its Showcase product, which was launched last autumn, was one of many ways it supported journalism, building on products and funds that all publishers can benefit from.

"Showcase is an international licensing program for news - the selection of partners is based on objective and non-discriminatory criteria, and partner content is not given preference in the ranking of our results," said spokesperson Kay Oberbeck. He added that Google would cooperate with the probe.

The case is the second to be opened against Google in a matter of days, after the German antitrust body launched a probe into whether the U.S. search giant was exploiting its market dominance in the way it handles user data.

The Bonn-based watchdog has also made use of the enhanced powers it was given under recent reforms to Germany's competition laws to open new probes into Facebook (NASDAQ:FB) and Amazon (NASDAQ:AMZN) over their data practices.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.