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Is an Antitrust Case in the Works for Google ?
According to an article in the Wall Street Journal today, the US Justice Department has hired power hitting litigator Sanford Litvack for a possible antitrust case against search marketing giant Google :
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The Justice Department has quietly hired one of the nation’s best-known litigators, former Walt Disney Co. vice chairman Sanford Litvack, for a possible antitrust challenge to Google Inc.’s growing power in advertising.
Mr. Litvack’s hiring is the strongest signal yet that the U.S. is preparing to take court action against Google and its search-advertising deal with Yahoo Inc. The two companies combined would account for more than 80% of U.S. online-search ads. |
While it’s rare that the Justice Department calls on outside litigators in these type of cases, Mr. Litvack is no stranger to antitrust laws as he was the Justice Department antitrust chief under President Jimmy Carter.
Things could be getting sticky for Google. It seems the majority of complaints to the Justice Department regarding the search-advertising deal with Yahoo Inc. were not from competitors but from The Association of National Advertisers, a trade group that represents major companies like Procter & Gamble Co. and General Motors Corp.
Full article here : Top Lawyer Is Selected As U.S. Mulls Google Suit
by Falcon Punch
I thought the old trust breaking days were over but it seems theyre alive in kicking even on the internet. Google is a target for sure.