EU gives Google 'weeks' to ease antitrust concerns - WBOC-TV 16, Delmarvas News Leader, FOX 21 - (click for full article) "BRUSSELS (AP) - The European Union has given Google "a matter of weeks" to propose remedies to antitrust concerns arising from its alleged dominant position in the online search market. European antitrust chief Joaquin Almunia said that after a one-and-a-half-year investigation following complaints from Google's rivals, the EU had pinpointed four areas of concern centering how the internet giant deals with its search results, how content is used, how advertising is run on its search engine and how advertisers are restricted from using rival search engines. Alumina called on Google to propose the solutions to the concerns quickly or face formal antitrust investigation and charges. At the end of a formal EU investigation, Google could theoretically face a fine of up to 10 percent of its annual revenue. "Restoring competition swiftly to the benefit of users at an early stage is always preferable to lengthy proceedings," Almunia said. Google, the world's most popular search engine, also faces a similar antitrust investigation by the Federal Trade Commission in the United States."