Google in anti-trust crosshairs
Friday 24 June 2011 @ 3.46 p.m. | Corporate & Regulatory
The US Federal Trade Commission (FTC) is poised to open a formal antitrust probe into whether internet search giant Google has abused its dominance on the web, The Wall Street Journal reports.
The newspaper, citing ‘‘people familiar with the matter,’’ said the FTC is preparing to serve Google with civil subpoenas ‘‘signalling the start of a wide-ranging, formal antitrust investigation’’.
The Journal said the five-member commission will send Google the formal demands for information ‘‘within days’’ and other companies were likely to receive requests for information about their dealings with Google.
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