S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Media

Google Faces FTC Antitrust Probe

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

GoogleLogo
courtesy of Google Inc.
Just as Google Inc.’s (NASDAQ: GOOG) battle with European Union regulators has died down, the United States may bring antitrust charges against the company. According to Reuters:

U.S. regulators are in the early stages of an antitrust probe into whether Google Inc, the top player in Web display advertising, breaks antitrust law in how it handles some advertising sales, a source told Reuters on Thursday.

The source said that it was unlikely that the Federal Trade Commission had sent out civil investigative demands in relation to the probe, which would be the sign of a formal and more serious investigation.

The new line of inquiry focuses on tools acquired when Google bought display ad company DoubleClick in 2007; other firms which specialize in helping Web publishers sell ads to put on their websites are complaining to the FTC, the source said.

Google shares are down fractionally in premarket trading to $880.55, in a 52-week range of $556.52 to $920.60.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Douglas A. McIntyre |

What Is Important: Germany Dodges Recession, Google Antitrust Probe

ThinkstockGermany Misses Recession Germany confirmed that its first-quarter gross domestic product rose only 0.1%. There was some excitement that the…
Are Regulatory Issues a Concern for Facebook Stock?
247sarah |

Are Regulatory Issues a Concern for Facebook Stock?

Facing regulatory probes at the federal and state levels, Facebook plays defense with Oversight Board and offense with American Edge…
Is Antitrust Push a Real Threat to Facebook Stock?
247sarah |

Is Antitrust Push a Real Threat to Facebook Stock?

The antitrust push against Facebook and other tech giants may be gaining steam but investors don’t seem too worried.
Steven M. Peters |

Why exactly is Bill Barr investigating Apple?

The U.S. Attorney General must have his reasons.
Trey Thoelcke |

Google Finally Reaches Settlement With EU Antitrust Regulators

A landmark settlement has been reached in the high-profile case between Google and EU antitrust regulators. Google has agreed to…
Douglas A. McIntyre |

Google’s Video David Battles Industry’s Goliaths

Google (NASDAQ: GOOG) challenged the entrenched providers of video compression software when it bought small  firm On2. The search company…
Douglas A. McIntyre |

Media Digest 9/18/2007 Reuters, WSJ, NYTimes, FT, Barron’s

According to Reuters, Nokia (NOK) said the the ITC has begin an investigation into Qualcomm (QCOM) trade practives and patent…
France Is Preparing Antitrust Against NVIDIA: Why It Won’t Collapse NVIDIA’s Stock Price
Eric Bleeker |

France Is Preparing Antitrust Against NVIDIA: Why It Won’t Collapse NVIDIA’s Stock Price

France is preparing antitrust regulations against NVIDIA (NASDAQ: NVDA) | NVDA Price Prediction, that might sound scary to investors as…
Douglas A. McIntyre |

Google (GOOG) Defies The Authorities

Google (GOOG) told regulators who do not like its program to sell search advertising for Yahoo! (YHOO) to go to…

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618