Antitrust allegations against Google by European regulators seem anti-American and anti-capitalist, private equity investor Eric Schiffer said Thursday.
Google could soon be facing antitrust charges by the European Union alleging that it skewed Internet search results, favoring its own online shopping and travel services over those for its rivals, according to The Wall Street Journal, citing a person familiar with the matter.
"It's possible that they're doing this, but this is a free service, and so they've earned that right to be able to build their own value-added, profit-generating solutions if they choose to," Schiffer said in an interview with CNBC.
The CEO of Patriarch Equity said he questions whether the EU would take such actions if a European company were doing the same thing, adding that he expects any charges to result in a settlement.
"As an investor, I wouldn't worry about it. I don't think it's significant, and frankly, in many ways it's anti-American," Schiffer said.
Google didn't immediately respond to CNBC's requests for comment.