Google CEO Meets With FTC Officials Over Alleged Antitrust Violations

Google CEO Larry Page has met with officials from the U.S. Federal Trade Commission (FTC) as part of its ongoing antitrust investigation on the search giant.

According to Bloomberg, Page discussed antitrust concerns with FTC officials, while Google executive chairman Eric Schmidt went to the company’s office in Washington, DC to meet with former Republican Congresswoman Susan Molinari.

Google maintains its innocence from alleged violations of antitrust laws and assured any agreement with the FTC will try to avoid a consent decree.

A source has told Bloomberg the FTC has yet to decide whether Google monopolizes a market. It wants a resolution over concerns of Google’s internet search dominance.

If the firm fails to satisfy antitrust concerns, the FTC will sue and hound it on court for several years. The FTC could look for cover and ask Google to sign a consent decree.

Google is not obliged to admit guilty of violating any antitrust laws in a consent decree, but it must agree with a cease and desist order as specified by the FTC.

MoreGoogle Faces Antitrust Investigation Towards Search Results

Google CEO Meets With FTC Officials Over Alleged Antitrust Violations

Image: John Taylor, via Flickr (CC)

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Francis Rey Balolong

A coffee junkie who spends most of his time writing about the latest news on social media and mobile technology. I would definitely consider myself a nerd (in the coolest most hipster way possible). That being said, I love technology, music, writing, and all things mobile.
Tags: google ftc investigation, antitrust, antitrust laws

Francis Rey Balolong the author

A coffee junkie who spends most of his time writing about the latest news on social media and mobile technology. I would definitely consider myself a nerd (in the coolest most hipster way possible). That being said, I love technology, music, writing, and all things mobile.

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