
News broke yesterday that the FTC was looking to launch an antitrust investigation into Google. The company has just publicly responded to the FTC on its blog, stating:
âYesterday, we received formal notification from the U.S. Federal Trade Commission that it has begun a review of our business. We respect the FTCâs process and will be working with them (as we have with other agencies) over the coming months to answer questions about Google and our services.â
The company admits that it doesnât yet know what the FTCâs exact complaints are, but also lists a number of points in its defence nevertheless, saying it does whatâs best for the user, provides the most relevant answers as quickly as possible, labels advertisements clearly, is transparent and concentrates on âLoyalty, not lock-inâ.
Given that Google doesnât yet know what the FTCâs beef is, this is clearly a scattergun âWe do no evilâ initial defensive move by company to set out its stall.
Your move, FTC.
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