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Friday, 8 July 2011 - Google to cooperate in antitrust review: Schmidt |
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    Read more with google mobile : Google to cooperate in antitrust review: Schmidt |

    Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Jobs stall, setting back recovery hopes 10:31am EDT Internet providers to act against online pirates 07 Jul 2011 China warns U.S. officials not to meet Dalai Lama 07 Jul 2011 Fans, stars, Hollywood say farewell to Harry Potter 5:06am EDT New "win a baby" game draws fire 07 Jul 2011 Discussed 210 Minnesota government shutdown begins after talks fail 132 Obama: ending tax breaks required to cut deficit 99 Jury resumes deliberations in Casey Anthony murder trial Watched Mobile harbor delivers the goods for container ships at sea Wed, Jul 6 2011 A Tokyo-Paris flight in under three hours on the horizon Fri, Jun 24 2011 Skyping on Facebook Wed, Jul 6 2011 Google to cooperate in antitrust review: Schmidt Tweet Share this Email Print Related News Google's Schmidt sees room for several social networks 5:31am EDT Murdoch keeps low profile at Sun Valley, avoids press Thu, Jul 7 2011 Live Nation would gain from going private: Malone Thu, Jul 7 2011 Facebook launches video chat with Skype Wed, Jul 6 2011 Media moguls focus on digital dollars at Sun Valley Wed, Jul 6 2011 Analysis & Opinion Deals wrap: NYSE deal inches forward Tech wrap: Facebook zooms into video age Related Topics Technology » Media » Google CEO Eric Schmidt speaks during the Web 2.0 Summit in San Francisco, California November 15, 2010. Credit: Reuters/Robert Galbraith SUN VALLEY, Idaho | Fri Jul 8, 2011 11:37am EDT SUN VALLEY, Idaho (Reuters) - Google Inc will cooperate fully with U.S. antitrust regulators but will not let the formal probe launched last month distract or disrupt its strategy, executive chairman Eric Schmidt said. Schmidt, who vacated his CEO seat to co-founder Larry Page in April and now oversees government affairs, also said Google executives -- though not he himself -- had discussed the recent hacking of email accounts with Chinese officials. Google last month revealed a major hacker attack that it said originated within China. It said hackers tried to steal the passwords of hundreds of Google email account-holders, including those of senior government officials, Chinese activists and journalists. "We tell the Chinese what we know ... and then they publicly deny their role. That's all I have to say about that," Schmidt told reporters and media industry executives at the Allen & Co conference in Sun Valley, Idaho. Closer to home, the U.S. Federal Trade Commission has started a formal review of Google's business, raising concerns among investors about a lengthy, distracting probe and potential legal action. The FTC is expected to address complaints from Google's rivals that its search results favor the company's own services. Google, which runs an estimated 69 percent of Web searches worldwide, can make or break a company depending on its search ranking. Some worry that Google's desire to stand firm against government intrusion -- as with its protests against Chinese censorship of search results -- will trigger a long battle that ultimately does more damage than a quick settlement. "We've had some meetings internally, (but) we haven't changed anything," Schmidt said. (Reporting by Sarah McBride; Editing by Gary Hill) Technology Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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