Google stands firm: ‘No consent decree’
Search company said to insist on non-binding settlement with FTC
Google Inc is insisting to the US Federal Trade Commission that it is not in breach of anti-competition laws and that any agreement reached with the agency should not be legally enforceable, Bloomberg reported.
Google is accused of a number of antitrust violations, including using its essential standard patents to bring legal action against smartphone competitors and republishing other websites' product reviews without permission.
But the most serious accusation, according to industry analysts, is that Google used its position as the global number-one Internet search service to promote its own products and services above those of other companies, by means of its results ranking.
According to three sources, the company's week-long talks with FTC officials - including a debate over whether Google has a monopoly in any of the markets it operates in - have yet to yield agreement as the search giant is concerned that any settlement bound by a consent decree would damage its business outlook.
According to two insiders, FTC Chairman Jon Leibowitz has informed Google that failure to reach an agreement will result in a law suit.