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European MPs want Google break-up

2014-11-27 13:15:51| BBC News | Business | UK Edition

A landmark vote at the European Parliament has called for Google's search business to be separated from its other businesses.

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Europe to vote on Google break-up

2014-11-27 01:10:11| BBC News | Business | UK Edition

The European Parliament will later vote on whether Google's search business should be separated from its other services.

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European parliament to consider Google break-up

2014-11-24 08:40:00| Telecompaper Headlines

(Telecompaper) The European parliament is considering a resolution to break up Google, in order to resolve the competition concerns about Google's dominance in the search market. A draft motion seen by the Financial Times says that "unbundling [of] search engines from other commercial services" should be considered as a potential solution to Google's dominance. It has the backing of the parliament's two main political blocs, the European People's Party and the Socialists, the paper said. The European parliament has no formal power to split up companies, but has increasing influence on the European Commission, which initiates all EU legislation. The commission has been investigating concerns over Google's dominance of online search for five years. Margrethe Vestager, the incoming European competition commissioner, has indicated that she will listen to Google and various complainants before deciding on how to move forward with the antitrust inquiry into the company. Google declined to comment. The draft resolution's final text will be agreed in the last week of November, ahead of a vote expected on 27 November.

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Third Point urges Amgen to consider breakup

2014-10-22 03:38:48| Biotech - Topix.net

A hedge fund run by a famed investor said Tuesday it has taken a large stake in Amgen and now wants the biotech drugmaker to consider splitting up into two. In a letter to investors, Third Point, a hedge fund run by Daniel Loeb, said it has recently increased its stake by an unspecified amount, making it one of the drugmaker's top shareholders.

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Third Point urges Amgen to consider breakup

2014-10-22 03:38:47| Biotech - Topix.net

A hedge fund run by a famed investor said Tuesday it has taken a large stake in Amgen and now wants the biotech drugmaker to consider splitting up into two. In a letter to investors, Third Point, a hedge fund run by Daniel Loeb, said it has recently increased its stake by an unspecified amount, making it one of the drugmaker's top shareholders.

Tags: point urges breakup amgen

 

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