Sources say EU antitrust regulators are preparing to file charges against Google over advertising technology

CTOnews.com, October 13, Reuters quoted people familiar with the matter as saying that the European Union may file antitrust charges with Google early next year.

CTOnews.com reported that in June last year, the European Commission launched an investigation into Google's advertising technology business, fearing that the US technology giant might gain an advantage over rivals and advertisers through unfair competition.

EU antitrust regulators are preparing to file charges against Google, a subsidiary of Alphabet, over its digital advertising business due to slow progress in settlement negotiations, according to sources. EU competition enforcement agencies are likely to release the allegations early next year, but the timing is likely to change, according to one of the people familiar with the matter.