Bloomberg reports that the U.S. Federal Trade Commission is losing patience with Google in its antitrust investigation
Google Inc. (GOOG) is being pressed by U.S. Federal Trade Commission Chairman Jonathan Leibowitz to make an offer to settle the agency’s antitrust investigation in the next few days or face a formal complaint, two people familiar with the situation said.
FTC investigators have recommended the agency issue a complaint against Google for ranking its own services higher than those of competitors, for signing exclusive agreements to provide search services to online publishers and for making it difficult for advertisers to compare data about campaigns running on rival sites by Yahoo! Inc. (YHOO) and Microsoft Corp. (MSFT)’s Bing, people familiar with the investigation have said.
The staff has also recommended the agency issue a complaint against Google for misusing patent protections to block rivals’ smartphones from coming to market, the people have said.
Remember how in 1998 Microsoft said “Why should we settle this antitrust suit? We’ve done nothing wrong?” How’d that work out?