A recent report talks about what all Google might have to encounter if in case it didn't change the way it presents search results in Europe. There are apparently fair chances of the search giant to face sanctions from Brussels in case it didn't pay heed to what authorities in the region are saying.

A record €1.47 billion fine has been imposed by the European Commission (EC) on seven global manufacturers of cathode ray tubes (CRT), for their allegedly anti-competitive activities during the one decade period from between 1996 to 2006.

In what probably is the biggest ever cartel penalty, the European Union (EU)'s antitrust Commissioner Joaquin Almunia slapped a Euro 1.47 billion ($1.96 billion) fine on seven TV- and monitor-manufacturing companies which, for years, had been conniving to fix the prices of television and computer monitor tubes worldwide.

EU Commission has give bailout approval to four banks of Spain, which were badly hit by the economic crisis, asking them to lower down their loans and investments.