Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Exclusive-Google makes new proposal to stave off EU antitrust fine, document shows
    Headlines

    Exclusive-Google makes new proposal to stave off EU antitrust fine, document shows

    Exclusive-Google makes new proposal to stave off EU antitrust fine, document shows

    Published by Global Banking and Finance Review

    Posted on July 2, 2025

    Featured image for article about Headlines

    By Foo Yun Chee

    BRUSSELS (Reuters) -Google has proposed fresh changes to its search results in an attempt to fend off growing criticism from rivals, a week before a key meeting that could lead to yet another EU antitrust fine, according to a document seen by Reuters.

    The U.S. tech giant has been under pressure after being hit in March with European Union antitrust charges of unfairly favouring its own services such as Google Shopping, Google Hotels and Google Flights over competitors.

    The company, owned by Alphabet, will meet its rivals and the European Commission to discuss its proposals during a July 7-8 workshop in Brussels, the document said.

    The EU's landmark Digital Markets Act, under which Google has been charged, sets out a list of dos and don'ts for Big Tech aimed at curbing their power and giving rivals more room to compete and consumers more choice.

    Last week, Google offered to create a box at the top of the search page for a so-called vertical search service (VSS) which would contain links to specialised search engines as well as to hotels, airlines, restaurants and transport services.

    The latest offer, called Option B, is an alternative to last week's proposal, according to a Google document sent by the Commission to involved parties and seen by Reuters.

    "Under 'Option B', whenever a VSS box is shown, Google will also show a box that includes free links to suppliers," the document said.

    The box for suppliers - in essence hotels, restaurants, airlines and travel services - would be below the VSS box, with Google organising the information about the suppliers.

    Option B "provides suppliers opportunities while not creating a box that can be characterised as a Google VSS", the document said.

    "We've made hundreds of alterations to our products as part of our DMA compliance," a Google spokesperson said.

    "While we strive for compliance, we remain genuinely concerned about some of the real world consequences of the DMA, which are leading to worse online products and experiences for Europeans."

    Google risks a fine as much as 10% of its global annual revenue if found in breach of the DMA.

    (Reporting by Foo Yun Chee. Editing by Ros Russell and Mark Potter)

    Related Posts
    UK's Prince William and son George volunteer at homelessness charity
    UK's Prince William and son George volunteer at homelessness charity
    Exclusive-US seizes vessel off Venezuelan coast, officials say
    Exclusive-US seizes vessel off Venezuelan coast, officials say
    US offers new talks format including Russia and Ukraine, Zelenskiy says
    US offers new talks format including Russia and Ukraine, Zelenskiy says
    Escalating Russian airstrikes aim to cut Ukraine off from sea, Zelenskiy says
    Escalating Russian airstrikes aim to cut Ukraine off from sea, Zelenskiy says
    Stellantis CEO says investments at risk in Europe after EU auto package
    Stellantis CEO says investments at risk in Europe after EU auto package
    French presidential silverware keeper faces trial over suspected porcelain theft
    French presidential silverware keeper faces trial over suspected porcelain theft
    Ukraine and Portugal agree on co-production of Ukrainian sea drones
    Ukraine and Portugal agree on co-production of Ukrainian sea drones
    Italian police arrest 384, seize 1.4 tonnes of drugs in nationwide crackdown
    Italian police arrest 384, seize 1.4 tonnes of drugs in nationwide crackdown
    How Brazil's deadliest police raid turned into a bloodbath
    How Brazil's deadliest police raid turned into a bloodbath
    Bangladesh holds state funeral for slain youth leader amid tight security
    Bangladesh holds state funeral for slain youth leader amid tight security
    Ukraine says it hit Russian oil rig, patrol ship in Caspian Sea
    Ukraine says it hit Russian oil rig, patrol ship in Caspian Sea
    US, Russian officials to meet in Florida for more Ukraine talks
    US, Russian officials to meet in Florida for more Ukraine talks

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    US hits ISIS in Syria with large retaliatory strikes, officials say

    US hits ISIS in Syria with large retaliatory strikes, officials say

    Australia PM says Jewish community 'completely unbreakable' after Bondi attack

    Australia PM says Jewish community 'completely unbreakable' after Bondi attack

    Russia's Dmitriev heading for US to meet Witkoff, Kushner, source says

    Russia's Dmitriev heading for US to meet Witkoff, Kushner, source says

    IMF welcomes EU's 90 billion euro loan to Ukraine, more work to be done

    IMF welcomes EU's 90 billion euro loan to Ukraine, more work to be done

    Israeli attack on school shelter in Gaza City kills 5 Palestinians, hospital chief says

    Israeli attack on school shelter in Gaza City kills 5 Palestinians, hospital chief says

    Russian missiles attack port near Ukraine's Odesa, kill seven, officials say

    Russian missiles attack port near Ukraine's Odesa, kill seven, officials say

    Rubio says new governance bodies for Gaza will be in place soon, followed by international force

    Rubio says new governance bodies for Gaza will be in place soon, followed by international force

    Musk wins appeal that restores 2018 Tesla pay deal now worth about $139 billion

    Musk wins appeal that restores 2018 Tesla pay deal now worth about $139 billion

    US intelligence indicates Putin's war aims in Ukraine are unchanged

    US intelligence indicates Putin's war aims in Ukraine are unchanged

    Bondi attack suspects kept to themselves during Philippines stay, hotel staffer recalls

    Bondi attack suspects kept to themselves during Philippines stay, hotel staffer recalls

    UK children's author David Walliams dropped by publisher after harassment allegations

    UK children's author David Walliams dropped by publisher after harassment allegations

    Germany removes dividend ban for Uniper, paving way for IPO

    Germany removes dividend ban for Uniper, paving way for IPO

    View All Headlines Posts
    Previous Headlines PostUkraine struggles to contain Russian summer advances as US aid stalls
    Next Headlines PostChina calls for better communications with EU, urges respect for core interests