European anti-trust regulators have charged Russian gas giant Gazprom with abusing its market power in Eastern and Central Europe and accused Google of abusing its control in internet searches to promote its own services to the disadvantage of competitors.
Moscow has denied the allegations and believes they are politically motivated, since Gazprom is state-owned and widely seen as a foreign policy tool for the Kremlin. If the claims are substantiated, Gazprom risks fines of up to $100bn.
The European Commission also says it does not like the way Google displays search results, favouring its own products and services above those of its rivals. The move could lead to billions in fines for the tech giant if it is proven that it breached rules in the 28-country bloc.
The EU has taken on the likes of Microsoft in the past, fining the software giant more than 1.6bn euros.
Both cases have been brought by the EU's new competition chief Margrethe Vestager, and she joins Counting the Cost to explain the case against Gazprom and Google and efforts to tackle monopoly behaviour.
Source: Al Jazeera