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Saturday, 9 April 2011 - Google seals ITA deal but antitrust review looms |
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    Edition: U.S. Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Obama, Congress in deal to avert government shutdown | 08 Apr 2011 Japan to stop pumping radioactive water into sea | 08 Apr 2011 Steve Wozniak says would consider return to Apple 08 Apr 2011 Nazi warplane lying off UK coast is intact 08 Apr 2011 Obama: government shut down avoided after budget deal 08 Apr 2011 Discussed 125 Reid says Republicans want shutdown to close clinics 120 U.S. to reach debt limit by May 16: Geithner 111 Obama, Congress struggle to find budget deal Watched Fifty years after Gagarin, Russia still looks skyward Thu, Apr 7 2011 Wall St. dominated by oil swing Fri, Apr 8 2011 Government shutdown looms in U.S. Fri, Apr 8 2011 small business Is social media the elephant in the room? GoDaddy founder Bob Parsons caused a stir when he posted a video of him killing an elephant on Twitter. It's the latest example of the inherent dangers of social media and small businesses should take heed to avoid pulling a "Parsons."  Full Article  Managing elephant-sized social media blunders The do's and don'ts of securing a domain name 5 signs you need a marketing makeover Google seals ITA deal but antitrust review looms Tweet Share this By Diane Bartz WASHINGTON (Reuters) - The Justice Department approved Google Inc's purchase of ITA Software with stiff conditions on Friday, and left the door open to a larger probe into whether Google manipulates search results to hurt rivals. The... Email Print Related News Google's Page makes first changes to management Fri, Apr 8 2011 Expedia shares gain on TripAdvisor spin-off plan Fri, Apr 8 2011 J&J settles U.S., UK bribery, kickback charges Fri, Apr 8 2011 Google, ITA deal approved with conditions Fri, Apr 8 2011 UPDATE 1-Google, ITA decision expected Friday-sources Fri, Apr 8 2011 Analysis & Opinion Tech wrap: Wozniak open to active role at Apple The SEC comes round to private markets Related Topics Technology » Deals » Global Deals Data 2011 Q1 » Inflows Outflows » Media » Stocks     Surfboards lean against a wall at the Google office in Santa Monica, California, October 11, 2010. Credit: Reuters/Lucy Nicholson By Diane Bartz WASHINGTON | Fri Apr 8, 2011 8:27pm EDT WASHINGTON (Reuters) - The Justice Department approved Google Inc's purchase of ITA Software with stiff conditions on Friday, and left the door open to a larger probe into whether Google manipulates search results to hurt rivals. The decision, which allows Google to expand into the online travel market, comes as new CEO Larry Page revamped the company's management structure in a bid to accelerate efforts in social networking, mobile and other key businesses. The Justice Department blessed Google's $700 million deal with the ticketing software company. Google promised to license the software for five years, to continue to upgrade it, and to establish firewalls to protect ITA clients' intellectual property. The ITA buy is part of an acquisition and hiring spree as Google aims to ensure its online services stay on top as Internet surfers go mobile and turn to services like the wildly popular Facebook. Now, U.S. antitrust regulators will turn to the question of whether to open a formal antitrust probe into allegations that Google, the world's No. 1 Internet search engine, manipulates search results, a source told Reuters on Friday. The Federal Trade Commission and Justice Department are both contemplating an investigation but there has been no decision made on which agency may take it up. There has been a series of complaints made to the agencies -- many from Google rivals that specialize in searches such as price comparison websites -- that Google has made them difficult to find. A key lawmaker has been critical of Google, and remained so on Friday. "We continue to scrutinize broader questions about the fairness of Google's search engine, and whether it preferences its own products and services to the detriment of competitors," said Sen. Herb Kohl, chairman of the Judiciary Committee's antitrust subcommittee. The European Commission took up an antitrust probe after complaints from three small companies, one of them owned by Microsoft Corp. Microsoft filed a formal complaint against Google with the commission in Brussels last month. Microsoft charged that Google hurt competition by "walling off" content on its YouTube site, so other search engines cannot display accurate results. It also said that Google made it hard for Microsoft's mobile phone software to show videos from YouTube, among other charges. The Justice Department was also aware that Google had an incentive to tweak search results to favor its businesses and was keeping an eye on the issue, said a Justice Department official who requested anonymity. "There were a variety of complaints about bias in search," the official said. "So, while we're aware of those complaints we did not think they were relevant to this (ITA) transaction." Analysts said they believed that Google's power in search meant the company had to step carefully, and that a broader probe was a big worry. "A lot of these new markets that they enter rely heavily on search to drive traffic," said Yun Kim, an analyst with Gleacher & Co. "That's what the government is worried about." CONDITIONS PLACED ON GOOGLE BUY OF ITA 1 2 Next Technology Deals Global Deals Data 2011 Q1 Inflows Outflows Media Tweet this Share this Link this Digg this Email Reprints   We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. 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. 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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