FTC Probe Widens Against Google Inc. (NASDAQ:GOOG)

The FTC has expanded an antitrust probe against Google Inc. (NASDAQ:GOOG) to
its social networking site. FTC Probe Widens Against Google Inc. (NASDAQ:GOOG)
It has been reported that the US Federal Trade Commission will extend its
antitrust investigation against Google Inc. (NASDAQ:GOOG) to its social
networking site Google+. The company recently integrated Google+ with its Search
services, providing details from social networking site for search queries. The
FTC is investigating whether the search company violated antitrust concerns.
Google Inc. (NASDAQ:GOOG) said in a statement, "We believe that our
improvements to search will benefit consumers by better surfacing social
content, and the great thing about the openness of the Internet is that if users
dont like our service they can easily switch to another site". Google Inc.
(NASDAQ:GOOG) stocks were at 624.99 at the end of the last days trading. Theres
been a 5.6% movement in the stock price over the past 3 months. Google Inc.
(NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.18 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.18 Zacks
Rank: 7 out of 29 in the industry