European Competition Commissioner Joaquin Almunia aims to take landmark decisions on the alleged abuse of dominant market positions by U.S. search engine king Google (GOOG) and Russian gas monopoly Gazprom (GAZP.ME) in his remaining time. His term officially ends in November, but Brussels insiders say the Spanish socialist may be sidetracked by extra duties when some of his European Commission colleagues step down in April to contest the European Parliament election. Despite deep misgivings among software rivals, he seems poised to strike a deal with Google after having rejected the company's first two rounds of concessions, a senior EU official said. The euro zone crisis has diminished Europe's political clout and weakened the EU executive's sway in global negotiations on trade and climate change, but the competition commissioner's authority remains unchallenged.
via Business News - Yahoo Finance http://ift.tt/1j4S63G
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