Trustbusting in the internet age: Should digital monopolies be broken up? | @[economist.com]
ALTHOUGH no company is mentioned by name, it is very clear which American internet giant the European Parliament has in mind in a resolution that has been doing the rounds in the run-up to a vote on November 27th. One draft calls for “unbundling search engines from other commercial services” to ensure a level playing field for European companies and consumers. This is the latest and most dramatic outbreak of Googlephobia in Europe.
Europe’s former competition commissioner, Joaquín Almunia, brokered a series of settlements this year requiring Google to give more prominence to rivals’ shopping and map services alongside its own in search results. But MEPs want his successor, Margrethe Vestager, to take a firmer line. Hence the calls to dismember the company.
The parliament does not actually have the power to carry out this threat.