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DOJ Confirms Google Antitrust Investigation

Posted by timothy on from the those-who-can't-regulate dept.

An anonymous reader points to Digital Daily, writing "Looks like the fireworks have begun early in Mountain View. On Thursday afternoon, the Department of Justice officially notified Google that it is investigating its book deal for violations of the Sherman Antitrust Act."

2 of 186 comments (clear)

  1. Anti-trust punishes success by duncan+bayne · · Score: 5, Informative

    Yet another case of punishing business for success. Alan Greenspan had it right back in 1966 when he wrote this memo on anti-trust legislation:

    ...
    The world of antitrust is reminiscent of Alice's Wonderland: everything seemingly is, yet apparently isn't, simultaneously. It is a world in which competition is lauded as the basic axiom and guiding principle, yet "too much" competition is condemned as "cutthroat." It is a world in which actions designed to limit competition are branded as criminal when taken by businessmen, yet praised as "enlightened" when initiated by the government. It is a world in which the law is so vague that businessmen have no way of knowing whether specific actions will be declared illegal until they hear the judge's verdict -- after the fact.
    ...

  2. Re:Serves you right! by royallthefourth · · Score: 4, Informative

    Slow down a bit. They're being investigated, not prosecuted. Even if they get brought to court and convicted of some antitrust charge, history has shown us the the punishments directed at corporations are inconsequential.