Washington – Google (NASD: GOOG) is said to be the target of a possible
Federal Trade Commission (FTC) investigation into its dominance of the search
industry, Bloomberg reported, citing two people familiar with the matter. The
FTC is thought to be waiting to proceed until the Justice Dept. decides whether
to challenge Google’s proposed acquisition of online travel firm ITA Software.
Bloomberg’s sources said the Justice Dep. may soon announce its decision on the
Google-ITA deal.
The European Commission, as well as officials in Texas, are
also investigating possible antitrust concerns with Google in the search
industry, while a handful of lawmakers have urged the Senate Judiciary
Committee’s antitrust division to hold hearings on Google.
Related Links:
http://tinyurl.com/679mdoh
(Bloomberg)
http://tinyurl.com/465cw5s
(DMW previous coverage)
