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Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Casey Anthony's brother says family mum on her pregnancy 2:41pm EDT Data points to underlying factory strength | 3:13pm EDT Loss of Libya oil bigger disruption than Katrina: IEA 9:28am EDT Sarkozy says Europeans "doing the work" in Libya | 9:55am EDT Oil dives to 4-month low as emergency stocks unleashed | 23 Jun 2011 Discussed 206 Biden deficit-cut talks hit impasse: Rep. Cantor 136 CBO sees government benefits swamping U.S. economy 67 Fragile economy pushed Obama to tap oil reserves Watched Hefner's revenge; Ryan Reynolds stops traffic Fri, Jun 17 2011 Airbus A380 damaged at Paris Air Show Mon, Jun 20 2011 Airbus' view of flying in the future Mon, Jun 13 2011 Google says probing search companies market practices Tweet Share this Email Print Related News Google at the center of antitrust probes: source 6:39am EDT FTC to deepen Google probe: report Thu, Jun 23 2011 UPDATE 3-U.S. FTC to deepen Google probe-WSJ Thu, Jun 23 2011 Google eyeing further display ad acquisitions Wed, Jun 22 2011 Google signs up British Library to books project Mon, Jun 20 2011 Analysis & Opinion Tech wrap: FTC seen deepening Google probe Live event ticket search from FanSnap now on Bing Related Topics Technology » Media » Google Inc's logo is seen at an office in Seoul in this May 3, 2011 file photograph. Credit: Reuters/Truth Leem/Files By Diane Bartz WASHINGTON | Fri Jun 24, 2011 1:38pm EDT WASHINGTON (Reuters) - U.S. antitrust regulators have started a formal investigation into whether Google Inc abuses its market power by favoring its own services over those of rivals in online searches and through other practices. Google, which dominates U.S. and global markets for search engine advertising, said on Friday on its official blog that it had been notified on Thursday by the U.S. Federal Trade Commission that it was reviewing Google's business practices. The company has been accused of anticompetitive practices by other companies doing business online. "It's still unclear exactly what the FTC's concerns are, but we're clear about where we stand," Google blogged. "Since the beginning, we have been guided by the idea that if we focus on the user all else will follow." Complaints against Google have been filed with regulators on both sides of the Atlantic, many from companies specializing in vertical searches, such as price comparison websites. U.S. antitrust regulators have expressed concern about Google's dominance of the Internet search industry, and the company has been under investigation by the European Commission since last November. Shares of Google, the world's most popular search engine, began the year a touch above $600. The shares were trading at $474.38 on Friday afternoon. Google has weathered antitrust challenges. It walked away from a search deal with Yahoo! Inc in 2008 when the U.S. Justice Department signaled that it was prepared to contest it. "Typically less than one out of every 10 investigations lead to enforcement. This investigation faces daunting odds," said David Balto, a former FTC policy director. "The complaints presented to the FTC are from disgruntled advertisers, not consumers. That is not a strong foundation to an antitrust case." A New York judge has said that a deal between Google and publishers and authors to create a massive digital library was illegal, partially because it effectively gave Google the rights to books that are in copyright but whose authors cannot be located. (Reporting by Diane Bartz; Editing by Derek Caney) 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. 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