FTC to investigate Google's dominance on the web

By Bizclik Editor


The Federal Trade Commission is in the works to serve Google Inc. with civil subpoenas making way for a massive formal investigation into whether the search giant has abused its dominance on the web. The FTC’s five-member panel has prepared to send its formal demands for information to Google within the next days. Additionally, other companies will likely receive official requests for information about their dealings with Google some time later.

This week’s investigation will examine the issues relating to Google’s significant search-advertising business, which makes up for a major chunk for the company’s revenue. The FTC is looking to see if Google channels its users to its own network of services and websites to distract users from its competitors.

According to the Wall Street Journal, from Google’s perspective, the FTC’s “unfolding antitrust probe is the most serious to date in the U.S., though it won’t necessarily lead to any federal allegations of wrongdoing against the company.”

See top stories in the WDM Content Network:

This won’t be the first time Google has been faced with antitrust issues in recent years, and quite possibly won’t be the last. The FTC has put Google under the microscope for its mergers and acquisitions and is taking due diligence to make sure the massive search engine doesn’t become a monopoly within the nation – even though it’s favored among millions of users each day. Currently, the Justice Department is conducting an antitrust review of Google’s acquisition of ad company Admeld Inc., which it purchased for approximately $400 million.


Featured Articles

Hema Gokal: leading the Salesforce women's equality strategy

Always passionate about giving women a seat at the table, Hema Gokal is now spearheading Salesforce’s innovative new global female equality strategy

Top 10 cybersecurity specialists in the US

As cyber attacks grow in frequency and become increasingly sophisticated, Business Chief looks at the top 10 cybersecurity specialists in the US.

Silicon Valley Bank collapse: How did we get here?

US authorities have stepped in to protect all Silicon Valley Bank customers following the second-largest bank failure in the country's history

Top 10 best new leadership books by women to read in 2023

Leadership & Strategy

Eight of the best business leadership podcasts

Leadership & Strategy

CEO John Pagano, leading Saudi Arabia's Red Sea Global

Leadership & Strategy