FTC Hopes to Resolve Google Antitrust Inquiry Before 2013

google-logo-magnifying-glassThe U.S. Federal Trade Commission (FTC) is aiming to resolve its anti-trust investigation into Google’s search practices by the end of the year. FTC Chairman Jon Leibowitz said at a briefing Wednesday that the organization was working to have an outcome as soon as possible, according to the New York Times.

“I think that we’re going to try to get this resolved by the end of the year,” he said. “We’re doing what we’re supposed to be doing – we’re weighing the evidence, we’re thinking it through, in a collective, collaborative bipartisan way.”

Google’s only comment on the update was merely issued a stock response: “We are happy to explain our business to regulators and answer any questions they may have.”

The investigation into Google centers around whether the firm is using its dominant position in the web search market to drive Internet users toward other Google services at the expense of its rivals.

The inquiry began in June 2011 when Google confirmed it had been contacted by the FTC to be told it was conducting a formal investigation into their practices.

The firm also faced similar issues in the Europe, and was earlier this year told by European Commission to come up with an agreeable settlement so that a prolonged investigation could be avoided. Final details are still being worked out.

Google has already been hit with a $22.5 million fine this year from the FTC to settle charges that the company misled users about the company’s use of behaviour-tracking cookies in Apple’s Safari web browser.

This article was originally published on V3.

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