New York, April 15, 2015 -- Moody's Investors Service said that the European Union's ("E.U.") decision to initiate a formal anti-trust probe against Google Inc. ("Google") will not likely impact its Aa2 long-term debt rating, Prime-1 short term debt rating or the stable outlook. The E.U. today filed a complaint against Google for breaching anti-trust regulations by promoting its own comparison shopping service in its search results, over those of competitors. The E.U. also launched an investigation into Google's Android mobile operating system, to assess if Google has entered into anti-competitive agreements or abused a possible dominant position in the field of operating systems, applications and services for smart mobile devices. Google has 10 weeks to officially respond to the E.U. inquiry and if the investigation results in the confirmation of any violation, Google would have to face legal consequences and change its business practices in Europe.
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