FTC subpoenas Apple in Google antitrust inquiry

The U.S. Federal Trade Commission subpoenaed Apple as part of the government’s antitrust investigation into Google says a Bloomberg report. The government agency is interested in the deal that made Google the primary search engine on the iPhone, iPod touch and the iPad. The FTC has asked Apple for the documents surrounding this agreement.
Google’s competitors, such as Microsoft, claim the search giant is is unfairly using its position as the number one search engine to increase its mobile phone advertising revenue. According to a report from Macquarie Capital, Google’s mobile search-related revenue climbed to $1.3 billion. Of that sum, Google kept $335 million and gave Apple $1 billion. Ano... »read more

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