Sydney Morning Herald: Google and Facebook to face new inquiry with powers to compel. “Online giants such as Google and Facebook are the targets of a federal investigation into the $10 billion internet advertising business in a move aimed at protecting consumers and curbing abuses of market power.” This is Australia.
Reuters: Turkish competition board fines Google $16.3 mln. “Turkey’s competition authority fined Google 98.35 million lira ($16.26 million) on Friday for abusing its dominant market position.”
Reuters: Google takes on EU in court over record antitrust fines. “The company will lay out its arguments against a 2.4-billion-euro ($2.6 billion) fine handed out by the European Commission during a three-day hearing at the General Court. EU regulators said this penalty was for Google’s favoring its own price comparison shopping service to the disadvantage of smaller European rivals.”
CNET: FTC orders Apple, Google, other tech giants to hand over acquisition info. “The US Federal Trade Commission said Tuesday that it sent special orders to five tech giants — Apple, Amazon, Facebook, Google and Microsoft — requiring them to turn over detailed information about past acquisitions. The FTC said it’ll review the information to ‘examine trends in acquisitions,’ including how firms report transactions and whether companies are making potentially anticompetitive moves.”
Marketing Land: Justice Department homing in on Google Ad Manager in antitrust probe. “The U.S. Justice Department (DOJ) is talking with multiple publishers and ad-tech companies as it scrutinizes Google’s third-party ad tools, as part of the DOJ’s antitrust investigation, the Wall Street Journal reported Wednesday. Companies the DOJ has reached out to include the New York Times, Gannett, Condé Nast, Oracle, Yelp and DuckDuckGo among several others.”
CNBC: DOJ antitrust chief recuses himself from the Google probe due to potential conflicts. “Makan Delrahim, the top antitrust official at the Department of Justice, is recusing himself from the agency’s investigation of potentially anticompetitive behavior at Google due to potential conflicts of interest in his past.”
Reuters: Justice Department meeting state AG offices Tuesday to discuss Google: sources. “Justice Department officials will meet on Tuesday with representatives of state attorneys general to discuss their investigations of search and advertising giant Google, according to sources familiar with the plans.”