The Federal Trade Commission has released a new defense of its decision to drop a major antitrust case against Google via an interview with FTC Chairman Jon Leibowitz on Talking Points Memo. The agreement was widely criticized by many of Google’s competitors, especially Microsoft and Yelp. In the interview, Leibowitz says the ruling was fair, saying “we did what we’re paid to do and what the law requires,” also emphasizing that Google has agreed to change some of its business tactics.
In a separate article, former FTC commissioner Thomas B. Leary wrote a USA Today op-ed also defending the FTC’s decision to end the case, stating that while Google’s competitiors are unhappy with the outcome, the “competitor complaints are inconsistent with solid consensus opinion about the fundamental objectives of the US antitrust laws.” He also assured that the FTC fulfilled its legal duty to promote those objectives.
Full Content: Daily Tech and USA Today
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
ConocoPhillips Acquires Marathon Oil for $22.5 Billion in Major Energy Sector Consolidation
May 29, 2024 by
CPI
Judge Denies Amazon’s Bid to Dismiss FTC Lawsuit Over Prime Membership Practices
May 29, 2024 by
CPI
Germany and France Advocate for Major EU Competition Reform
May 29, 2024 by
CPI
Equifax Accused of Monopolizing Employment Verification Market in New Suit
May 29, 2024 by
CPI
Car Battery Makers to Challenge EU Cartel Charges in Brussels
May 29, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI