LONDON—Germany’s antitrust watchdog paved the way Wednesday for extra scrutiny of Google by designating it a company of “paramount significance,” the first to get that label since regulators got more power to curb abusive practices by big digital companies.
The Bundeskartellamt said its decision comes after rules were introduced last year that allow it “to intervene earlier and more effectively” to ban companies from using anti-competitive practices. The regulator’s decision, which lasts five years, gives it extended powers to supervise Google for “abuse control.”
