New York Times Blogs Reports:
Google confirmed on Friday that the Federal Trade Commission had opened an antitrust investigation into its core search and advertising business.
The inquiry has the potential to turn into the biggest showdown between the United States government and a major technology company since the Microsoft antitrust trial that began in the late 1990s.
In a regulatory filing, Google said that a day earlier it had “received a subpoena and a notice of civil investigative demand” from the commission. Google said that the agency’s investigation concerned its “business practices, including search and advertising.” In the brief filing, the company added, “Google is cooperating with the F.T.C. on this investigation.”
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In the immortal words of the great Scooby Doo: RUUUH ROOOH!
EDITED TO ADD: The Wall Street Journal reports Google has hired 12 LOBBYING FIRMS amidst the investigation! Wowwweeee!!
Jay Jay Ghatt is also editor at Techyaya.com, founder of the JayJayGhatt.com and JayJayGhatt.com where she teaches online creators how to navigate digital entrepreneurship and offers Do-It-For-You Blogging Service. She manages her lifestyle sites BellyitchBlog, Jenebaspeaks and JJBraids.com and is the founder of BlackWomenTech.com 200 Black Women in Tech On Twitter. Her biz podcast 10 Minute Podcast is available on iTunes and Player.fm. Follow her on Twitter at @Jenebaspeaks. Buy her templates over at her legal and business templates on Etsy shop!
