Primary links
- Home
- China
- Europe
- US
- UK
- Africa
- France
- Greece
- Ireland
- Israel
- Japan
- Spain
- Turkey
According to reports, Internet search giant Google appears to be poised to agree with the US Federal Trade Commission (FTC) on the issue of tweaking the way it displays its search results, in a move which will mark the end of the US regulators' anti-trust investigation into the company's business practices.
As per a Politico report, Google will apparently face voluntary changes with regard to the policies it follows for running its search business. As such, the company will probably be able to avoid a damaging "consent decree" enforced by the FTC; and will walk away largely unharmed in the FTC's biggest anti-trust probe in over a decade.
The non-binding settlement which Google will reportedly reach with the FTC will chiefly end Google's use of restaurant and travel reviews snippets from other websites; thus facilitating the AdWords customers to port their ad campaigns to the company's rivals in search business.
Meanwhile, since anything less than a full-fledged FTC lawsuit against Google will essentially be considered a climbdown by the agency, and will irk Google's rivals no end as they want the company's search monopoly to be curtailed, some reports have revealed that a few competitors met the Department of Justice last week in preparation of the possible lack of forceful FTC action against Google.
However, noting that "Institutionally it's hard to believe they (FTC) won't do something, given all they have invested in Google," former FTC Chairman William Kovacic said: "The likelihood of some intervention is running at 100%."
According to a new report from the Pew Research Center's Internet and American Life Project, even though the use of Facebook is pervasive in the US, Facebook users have been taking weeks-long breaks from the social network time and again, due to...
In a Friday statement, Africa's biggest mobile-phone operator MTN Group Ltd. (MTN) said that an...
On February 1, Oracle released a Critical Patch Update to its latest Java version; patching over...
In what apparently is the biggest leveraged buyout since 2007, Michael Dell - 47-year-old founder and CEO of computer firm Dell Inc. - has reached an agreement with private-equity firm Silver Lake Management LLC for a $24.4 billion buyout of Dell...
Employees at Irish Daily Star have been notified that the publication would cut jobs and trim...
On Thursday, the US Federal Trade Commission (FTC) ended its antitrust probe against the...
Announcing the launch of its new, cheaper uncapped ADSL products, which will complement its current Premium Uncapped ADSL product suite, Internet Service Provider MWEB has revealed that the new packages will be available from February 1, 2013....
It has been recently revealed by UK carrier Ryanair that...
In a Tuesday statement, SABMiller revealed that it has...
With utility provider Eskom and the National Energy...
In commemoration of the 100th birth anniversary of the...
© 2011 GermanTribune - Tribune Online Services. All times CET (GMT + 1.00).