FTC could make final decision on Google probe this week - WSJ

Thu Jan 3, 2013 7:28am IST

A neon Google logo is seen as employees work at the new Google office in Toronto, November 13, 2012. REUTERS/Mark Blinch/Files

A neon Google logo is seen as employees work at the new Google office in Toronto, November 13, 2012.

Credit: Reuters/Mark Blinch/Files

Related Topics

Stocks

   

REUTERS - The Federal Trade Commission (FTC) could make a final decision this week on whether to settle with Google (GOOG.O) in an anti-trust investigation, the Wall Street Journal reported, citing people familiar with the matter.

Google had been accused of putting its own products high up in search results and giving competitors a lower ranking making it harder for customers to find them. Google has repeatedly denied any wrongdoing.

The WSJ said the FTC was close to completing its investigation into Google's search practices when Google offered to make voluntary changes similar to the settlement it reached on patents after it acquired Motorola Mobility, a handset maker.

Reuters had reported on December 18, 2012 that FTC would delay its decision on the more than two-year investigation to consider Google's offer.

The agreement would allow the FTC to enforce Google's voluntary commitments, some of these people told the journal. (link.reuters.com/peg94t)

Google, in December had been prepared to make some changes to its business practices to secure an end to the FTC investigation.

Neither the FTC nor Google could be reached for comment.

(Reporting by Mridhula Raghavan in Bangalore)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Anti-trust Probe

Reuters Showcase

New iPhone

New iPhone

New Apple iPhone to have "mobile wallet" function - Bloomberg  Full Article 

Wearable Gadgets

Wearable Gadgets

Swatch prefers go-it-alone route for smartwatch plans.  Full Article 

Google Drones

Google Drones

Google tests drones for deliveries.  Video 

Hot Commodity

Hot Commodity

Data scientists are increasingly becoming important to the world's tech companies.  Video 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage