Saturday, October 13, 2012

Feds moving closer to Google antitrust case

The majority of top decision-makers at the Federal Trade Commission believe that an antitrust case should be brought against Google Inc, meaning the search giant could soon be headed into tough negotiations, three people familiar with the matter told Reuters... Four of the FTC commissioners have become convinced after more than a year of investigation that Google illegally used its dominance of the search market to hurt its rivals, while one commissioner is skeptical, the sources said..... Companies rarely talk publicly about their dealings with the FTC, but consumer reviews website Yelp and comparison shopping website Nextag have both complained about Google during open hearings in Congress. Google rivals specializing in travel, shopping and entertainment have accused Google, the world's No. 1 search engine, of unfairly giving their web sites low quality rankings in search results to steer Internet users away from their websites and toward Google products that provide similar services........ Google has repeatedly denied any wrongdoing...............................…........................................................................ Find out more at http://www.reuters.com/article/2012/10/13/us-google-ftc-antitrust-idUSBRE89B16G20121013

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