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4 of the FTC's 5 commissioners reportedly believe an antitrust case should be brought against...
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Friday, October 12, 2012, 4:09 PM ET4 of the FTC's 5 commissioners reportedly believe an antitrust case should be brought against Google (GOOG) for using its search dominance to promote other services. The FTC is also examining complaints the company doesn't provide data that would allow advertisers to compare the effectiveness of ad campaigns on different search engines. Meanwhile, Microsoft (MSFT) has specifically added Google as a defendant in a German patent suit against Motorola Mobility. (more)
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But I think it will probably be a tough case. I'd expect Google to put up a strong defense. They will probably also start to de-prioritize their links on purpose to help blunt the drive to do a full-on antitrust suit.
Information delivery should not be regulated. It would be nice if the information was always true. I only believe half of what I read anyway. Whenever governments and courts get involved they cause more negative unintended consequences then benefits. I rarely believe what they report especially in an election year.
The thing is they do help people. Look up how they rank Ad-words advertisements... it's not just who pays the most money, but a lot of it has to do with the content of your website and how well it matches the search phrase entered by the searcher. Google is still in the process of tweaking this as well, so why would they give away information on exactly how it's working compared to other search engines? It's proprietary information.
Google has done more good for the world in the past 10 years than the FTC has.
It's a tech bank which experts say to get into banks and technology stocks now for big returns.
If things keep going this way I will be looking for ETFs to Ultra short Europe.