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European Union regulators decided Tuesday that they would file charges against Google stemming from an antitrust investigation, multiple news agencies reported. Citing a source familiar with

the matter, the _Wall Street Journal_ reported that the Google decision will be discussed by EU commissioners on Wednesday. That source claimed to the news outlet that European antitrust

chief Margrethe Vestager made the decision to file charges after consulting with European Commission President Jean-Claude Juncker. The _Financial Times_ and _The New York Times _also

reported Tuesday that the EU would accuse the tech giant of abusing its market position, citing sources familiar with the regulators' decision. Google faces fines of as much as $6.6

billion if the charges are proven. Google shares traded down about 1.6 percent on Tuesday, although most of those losses came in the morning. The stock was largely unchanged in after-hours

trading. Reuters had reported earlier that Google was likely to learn more on Wednesday about how Vestager will treat complaints about its market dominance. Read MoreEU charges against

Google 'anti-American': Expert However, industry and EU sources suggested to Reuters that Vestager (who took over as EU competition commissioner in November and has indicated she

will not be rushed into concluding the five-year-old inquiry) was unlikely to announce charges against the U.S. Internet search giant. A European Commission spokesman declined comment on

Tuesday on whether Vestager, who is due to fly to the United States on Wednesday afternoon, would make a statement after the weekly meeting of all 28 EU commissioners in the morning. That

followed a comment on Monday by another commissioner, digital economy chief Guenther Oettinger, who said Vestager would make a statement on Google in days. Another EU official said he

expected an announcement on Wednesday. Asked about such remarks, Commission spokesman Margaritis Schinas told a routine news briefing on Tuesday: "The Commission does not always express

itself on ongoing competition cases. "If there is a time for announcements it will be announced, but there is nothing on this question today." Read MoreEU reportedly preparing

antitrust charges against Google: Google could not be reached by Reuters for comment. Andreas Schwab, a member of the European Parliament who has pushed for the EU executive to consider even

breaking up Google, told Reuters he expected the Commission to conclude its investigation and issue a statement of objections—effectively bringing charges against Google that could result

in huge fines and orders to reshape its business in Europe. _—Reuters contributed to this report._ _For more on the reports of impending charges against Google, see the Journal's

article._