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Google Under FTC Antitrust Probe

post #1 of 8
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http://www.dailytech.com/Google+Unde...rticle7472.htm
Quote:
One of the largest bidding wars in the IT industry occurred several weeks ago when Google and Microsoft both put down big bins of cash for Internet ad giant DoubleClick. After agreeing to lay down $3.1 billion for DoubleClick, Google was declared the official winner.

Two months after Google's acquisition of DoubleClick, Microsoft acquired aQuantive Inc. for $6 billion USD -- the largest purchase Microsoft has ever made and nearly double the amount that Google paid for DoubleClick.

This week the U.S. Federal Trade Commission (FTC) launched a preliminary antitrust probe into Google and its acquisition of DoubleClick. During the final stages of the acquisition, analysts suspected that the U.S. Justice Department would eventually step in with its own investigation.

No one would doubt the combined powers of Google and DoubleClick make for extremely lucrative business. DoubleClick made its business by tracking what websites are visited most often by users; Google collects search histories, queries and website statistics. Combined, the companies potentially can track internet users across every facet of normal websurfing.
Very nice!
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Very nice!
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post #2 of 8
Wow. Well that is expected. Google is growing fast and having those two company's as one would not be the best thing.
    
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post #3 of 8
It should be noted that google is not being investigated for wrongdoing, this is just making sure that the aquisition is not going to violate antitrust laws
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post #4 of 8
Quote:
Originally Posted by rabidgnome229 View Post
It should be noted that google is not being investigated for wrongdoing, this is just making sure that the aquisition is not going to violate antitrust laws

exactly
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post #5 of 8
It is good that investigating is going on at Google Corp.

Google Corp. is bordering a virtual monopoly, even though it is very useful at the moment, it has potential for something very dangerous.
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post #6 of 8
No one can stand to the almighty power of google. The FTC is toast.
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post #7 of 8
I hope they get busted. They're getting way to big due to people like ^
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post #8 of 8
I would say it does, looking at how Google is buying everything!!
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