On its blog, Google wrote:
We respect the FTC’s process and will be working with them...At Google, we’ve always focused on putting the user first. We aim to provide relevant answers as quickly as possible — and our product innovation and engineering talent have delivered results that users seem to like, in a world where the competition is only one click away. Still, we recognize that our success has led to greater scrutiny.Typical FTC harassment of the most successful firm of the era. Back in the day, IBM was under anti-trust probe for a decade.
Still no one at the FTC investigates the monopoly, that through inflation, damages the purchasing power of every single American, the Federal Reserve's government-granted monopoly over money.
I'm still trying to parse the implications for customers of Google services. Does this mean that the FTC could push for access to customer accounts? (E.g., Blogger blogs, Gmail accounts, etc.)
ReplyDeleteDoes anyone even contemplate that the FTC and antitrust laws are unconstitutional? Probably not. What the apologists for antitrust laws do not realize is that monopolies are only possible with government intervention and power.
ReplyDeletehttp://money.cnn.com/2011/06/28/technology/google_1plusV_antitrust_lawsuit/
ReplyDeleteFrench antitrust suit against *oog*le for half a billion...