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Too soon to tell: Google vs. the FTC over search results 'cooking'
The U.S. Federal Trade Commission (FTC) has already slammed Google with a $22.5 million fine this year after the search giant was found to have bypassed the security and privacy settings of Safari browsers in order to serve up its Google '+1' button in advertisements. (Google paid off the fine in about 5 hours, according to the firm's second quarter sales earnings.)
But the FTC has yet to dish out its verdict on whether or not the search company 'cooked' its search results to favor its own products and services over rivals. In October, the FTC was 'close' to announcing a formal antitrust probe into Google, but since then, nothing. Kaput.
However, a recent report suggests the FTC may be looking to settle instead of launching a fully-fledged antitrust suit its way. At this point, it seems like huff-and-puff from the federal regulator and now it's backing down because it could lose the case. Whatever happens, we won't see any resolution to this case any time soon, let alone this year.