TechCrunch: Watch Out Google, Obama’s Antitrust Chief Is Looking To Make An Example Out Of You
May 13, 2009 by forthardknox
Filed under FHK WebWarriors, zTab
From Erick Schonfeld, of TechCrunch:
The Obama Administration’s new chief antitrust enforcer at the Department of Justice, Christine Varney, is making it very clear
that she is going to be much more aggressive in bringing antitrust actions against large, American corporations. The Bush Administration took a hands-off approach to antitrust enforcement, and that is about to change. Varney needs a high-profile case to make her name, and all indications are that she is eying Google. After all she needs to make an example out of a big powerful corporate “predator” and in this limping econmy there simply aren’t that many powerful companies to chose from.
Google, quite literally, is the new Microsoft when it comes to antitrust scrutiny (although, Microsoft itself is also still under the magnifying glass, as is Intel, at least in Europe). Even under the Bush Justice Department, last year Google had to drop its advertising deal with Yahoo because of antitrust issues. Today, Google is dealing with an antitrust investigation over to its book-scanning settlement, the newspaper and magazine industries are rattling their sabers, and every other industry facing disruption by the internet is lining up to blame Google for their woes. Varney will be encouraging competitors of all potential antitrust targets to file more complaints, so you can be sure that anti-Google lobby will grow.
Google makes a nice, juicy target and it is one of the few companies with cash on hand to pay a large fine…Continue reading on TechCrunch >>



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