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Google's alleged auction remedy meets opposition from Foundem

( September 18, 2017, 11:45 GMT | Official Statement) -- MLex Summary: Google's alleged offer to present an "auction system" — as a remedy to an EU antitrust finding over its abusive behavior — would be tantamount to creating a "new anticompetitive barrier," rival shopping site Foundem has said. The company said Google had "started to meet privately with various comparison-shopping services throughout Europe . . . to brief them on its auction-based proposal," but that such a remedy was an unwelcome return to previous changes, which had been declared insufficient.The statement follows:...

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