Google Market News Update : Epic Research Singapore

European elected officials are preparing to call for a breakup of Google Inc. GOOG, +0.50% GOOGL, +0.39% according to a published report Friday. A draft motion from the European Parliament indicates "unbundling of Google's search engine from other commercial services" would be a solution to the company's dominance, The Financial Times reported. 

The European Parliament has no actual power to break up companies, but the move could pressure the European Commission to take action, according to the report.

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