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Print 26 comment(s) - last by YashBudini.. on Apr 6 at 7:23 PM

Google's possible purchase of ITA Software Inc. may lead to an antitrust investigation

It's well understood that Google is the world's most popular search engine. The company runs over one million data centers and servers around the world, and is well known by computer users of all levels from beginners to professionals. But as of late, this success is being viewed as internet dominance by both the Federal Trade Commission and the Justice Department. 

Google is an American multinational public corporation that runs the world's most successful search engine, and also owns the Android operating system. The company is also involved in cloud computing and advertising technologies. It was incorporated as a privately held company in 1998, with its initial public offering in 2004. The company has grown tremendously over the years, and now processes over one billion search requests per day. 

Now, Google is looking to expand its presence even more by purchasing ITA Software Inc., which is an airline ticketing software company. This transaction will cost Google $700 million if it decides to go through with the purchase. 

But this purchase could cost Google more than just the $700 million. According to recent reports, the FTC is looking to launch an antitrust investigation of Google's internet dominance, but the investigation will be pursued only if the Justice Department decides whether it will challenge the ITA Software purchase. 

The FTC and the Justice Department are not the only agencies looking into Google's web dominance. Last November, the European Commission launched a similar investigation, and last week, Microsoft filed a complaint with European antitrust regulators because of Google's growing presence and power over web search competition. 

According to Bloomberg, the Justice Department is expected to announce its decision soon, but there is no set time or date at this point. 



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RE: can't keep up....
By williamsck1 on 4/5/2011 11:30:06 AM , Rating: 2
Let me get this right. They want to look into Google for internet but not apple for thier Music? Wow


RE: can't keep up....
By quiksilvr on 4/5/2011 11:35:38 AM , Rating: 2
Stop troll baiting. iTunes is under investigation and a hearing is underway.


RE: can't keep up....
By Reclaimer77 on 4/5/11, Rating: -1
RE: can't keep up....
By williamsck1 on 4/5/2011 11:51:28 AM , Rating: 2
Not with the FTC. Get your facts right before you start trying to flame people.


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