🚀 ProPicks AI Hits +34.9% Return!Read Now

State attorneys general meet in Colorado to discuss Google antitrust probe

Published 11/11/2019, 07:03 PM
© Reuters. FILE PHOTO: FILE PHOTO: A sign is pictured outs a Google offcie near the company's headquarters in Mountain View, California
GOOGL
-
META
-
GOOG
-

By Karen Freifeld and Diane Bartz

NEW YORK/WASHINGTON (Reuters) - State attorneys general are meeting on Monday in Colorado to discuss their probe into whether Google's business practices break antitrust law, according to two sources knowledgeable about the meeting.

Perhaps about a dozen states were expected to send representatives to the meeting, one of the sources said.

The gathering was expected to be similar to one held in New York in October, where state and federal enforcers from the Justice Department and Federal Trade Commission discussed their probe of Facebook (NASDAQ:FB).

The probe of Google, a unit of Alphabet (NASDAQ:GOOGL) Inc, is being led by the Texas attorney general's office. That office did not respond to a request for comment, and a spokesman for the Colorado attorney general's office declined comment.

Google had no comment about the meeting in Colorado but pointed to a blog post from September in which an executive, Kent Walker, said that the company has "always worked constructively with regulators and will continue to do so."

Texas sent the search and advertising giant a subpoena on Sept. 9 asking for information about its online digital advertising business, which generates most of Google's revenue and where Google is a dominant player.

© Reuters. FILE PHOTO: FILE PHOTO: A sign is pictured outs a Google offcie near the company's headquarters in Mountain View, California

Google faces two other major inquiries - a U.S. Justice Department investigation and a probe by the House of Representatives Judiciary Committee - both of which have broad reviews of the big internet companies underway.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.