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competition concerns

Google shows progress in addressing competition concerns, says EU’s Vestager

STRBSKE PLESO, Slovakia: Google’s proposals to increase competition in online shopping are bearing fruit, Europe’s antitrust chief said on Friday, suggesting that the company may be able to avoid further fines. Alphabet’s Google last year offered to allow price-comparison rivals to bid for advertising space at the top of a search page, giving them the chance to compete on equal terms, seeking to appease regulators after the European Commission fined it a record 2.4 billion euros ($2.8 billion) for favoring its own…