Google Offers Concessions in EU Antitrust Investigation

Google, facing the prospect of formal charges stemming from an investigation in Europe into its search and advertising business, offered concessions to competition regulators in an effort to settle the case and avoid a lengthy and potentially expensive dispute. The offer came in the form of a letter from Eric E. Schmidt, the executive chairman of Google, to Competition Commissioner Joaquín Almunia, a spokesman for Mr. Almunia said.