Alphabet fires back at EU antitrust officials, suggesting long battle for Google - MarketWatch
5,127 +73.40 +1.45% S&P 500 2,104 +24.69 +1.19% 8:09 P.M. ET 7:35 P.M. ET 7:33 P.M. ET 7:16 P.M. ET 7:03 P.M. ET 5:00 P.M. ET Share Theory on search business 'ambiguous' and there is 'no basis' for fines, response says Getty Images By TomFairless NataliaDrozdiak BRUSSELS — Google owner Alphabet Inc. GOOG, +1.45% GOOGL, +1.40% accused European Union regulators of making an unexplained about-face in their decision to file antitrust charges against the U.S. search giant, and warned that there was "no basis" for imposing fines, according to a redacted copy of Google's response seen by The Wall Street Journal. The response, which runs to almost 130 pages and leans heavily on legal opinions and case law, suggests that Google is gearing up for a protracted legal battle against the charges brought by the European Commission. "The theory on which the [EU's] preliminary conclusions rest is so ambiguous that the Commission itself concluded three times that the concern had been resolved,Read full article from Alphabet fires back at EU antitrust officials, suggesting long battle for Google - MarketWatch
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