Sires Lauds Reports of FTC Antitrust Investigation of Google

Statement

Today, Congressman Sires released the following statement in response to reports of an upcoming antitrust investigation into Google conducted by the Federal Trade Commission (FTC).

"I am encouraged by recent reports that the FTC is poised to launch an antitrust investigation into Google's business practices. Over time, complaints have increased regarding Google's anti-competitive behavior, in particular the use of its market power in search to push consumers to its own services. The time has come to seriously look into this issue.

At the end of the day, the real victim of anti-competitive behavior is the consumers who are restricted of the ability to choose which services they wish to use. Furthermore, anti-competitive practices deter investment and innovation by smaller companies. As Google's business practices are already under review in Europe, I believe it would be wise for the FTC to pursue a similar antitrust investigation to ensure that consumers and small businesses are not taking a back seat to an industry giant."

Source