A PYMNTS Company

U.S.: Congressman threatens to lessen FTC’s power if it interferes with Google’s business

 |  October 16, 2012

Representative Jared Polis, a democrat from Colorado, has warned the Federal Trade Commission (FTC) not to hurt Google’s business, or else “he would step in and reduce the agency’s power.” The FTC’s probe is looking into whether or not Google is using its dominance in the advertisement market to hurt rival competitors. Polis said, “Google provides an important advertising tool for small businesses and it should not be penalized for being successful, particularly in the highly competitive tech industry.”

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: CNET

    Related Content: Manipulation of Product Ratings: Credit-Rating Agencies, Google, and Antitrust

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.