Archive | Tag: Wall Street

News Clipping

Two consumer groups asked the U.S. Federal Trade Commission to block
Google Inc.’s (GOOG) proposed $750 million acquisition of mobile
advertising company AdMob Inc., as they allege the deal would diminish
competition to the detriment of consumers. "Consumers will face higher prices, less innovation and fewer choices,"
said John M. Simpson, a consumer advocate at Consumer Watchdog. "The
FTC should conduct the appropriate investigation, block the proposed
Google/AdMob deal, and also address the privacy issues."

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News Clipping

The U.S. Department of Justice has stepped up its review of a deal that would settle a lawsuit publishers and authors filed against Google over the latter’s book search engine, according to published reports. Consumer Watchdog has charged that the proposed settlement gives Google special protections against lawsuits over orphan works.

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News Clipping

Traditional media is once again rattling sabers in the direction of Google and other sites that aggregate the news. There’s tough talk coming from managers at The Wall Street Journal and The Associated Press that include threats of legal challenges and even name calling. Google’s plan to scan orphan books and preserve them in a database is
also being challenged. Google has an agreement with the The Authors
Guild and the Association of American Publishers to scan the books, but
a group called Consumer Watchdog says the agreement is anticompetitive
and has called on U.S. Attorney General Eric Holder to intervene.

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