"They said a law should impose a settlement in the long-running dispute with Google, which receives high volumes of advertising revenue from user searches for news contained on media websites."

Meanwhile following the EU missive on Google's privacy policies earlier this week :

APAC privacy group backs EU's Google stance

The Asia Pacific Privacy Authorities Forum (APPA) has backed the recommendations made by the Commission Nationale de I’Informatique et des Libertès Working Party’s investigation into Google’s privacy policy issues.

In a letter from Australian Information Commissioner Timothy Pilgrim, representing the APPA’s regional data protection agencies, the Asia Pacific group supported the Working Party’s reforms including that Google should provide more comprehensive information about data retention periods, including clear and specific time frames for the deletion of user data.

http://www.theregister.co.uk/2012/10/17/google_under_eu_attack/

but something weird just happened to Google's share price - down 9% and halted on NASDAQ...

http://www.marketwatch.com/investing/stock/goog

Likelier:

Google Crushed as Earnings Miss Badly

Google (GOOG) shares are down sharply as the company accidentally released earnings during the day's trading, missing Wall Street estimates badly.

http://www.thestreet.com/story/11741335/1/google-crushed-as-earnings-miss-badly.html?puc=TSMKTWATCH&cm_ven=TSMKTWATCH

Followed something like 20% drop in profit forecast. Its difficult to search for links because the search contains the word google.

.

Not suprising that their 3Q numbers went downhill.