Five Things Everyone Will Be Talking About Today

25 Sep 2015 | Author: | No comments yet »

Five Things Everyone Will Be Talking About Today.

The news organization reports that two sources familiar with the matter tell it that “the Federal Trade Commission reached an agreement with the Justice Department to spearhead an investigation of Google’s Android business.” Officials are said to have been meeting with tech industry representatives complaining about the way Google prioritizes its own services on Android.

Already in the crosshairs of European regulators because of Android’s dominance, Google could now be facing a second antitrust investigation in the U.S. involving its mobile operating system. US regulators reportedly launched the inquiry after meeting with rival tech companies saying that Google limits their access to Android in favor of its own apps. The Moutain View giant has been under investigation in a number of countries all over the world lately, and it seems like the company is now back under U.S. antitrust scrutiny as well according to Bloomberg’s report. The dollar strengthened, with a gauge of the currency heading for its biggest weekly gain in two months, following a speech by Federal Reserve Chair Janet Yellen yesterday evening where she said the central bank is on track to raise rates later this year.

The US move follows a similar investigation into the Android platform in Europe, where the EU Commission is looking into Google’s search and bundling of applications like Gmail, Chrome and Play. After three years of planning, the European Commission announced that it was opening a formal investigation into claims of unfair practices by Google earlier this year. Microsoft, of course, was itself dinged heavily in EU for pre-installing Internet Explorer on Windows 7 without giving consumers other browser options. Regardless, it shows the FTC is again turning its attention to one of America’s biggest companies, two years after it closed a separate investigation into Google’s Internet search business.

The FTC’s handling of the earlier probe left some technology companies skeptical of the agency’s willingness to bring a case, according to the people. Volkswagen is set to appoint Matthias Mueller, currently head of the company’s Porsche brand, as its new CEO when the 20-person supervisory board meets later today. Google’s Android operating system accounted for 59 per cent of the U.S. smartphone market in the second quarter, while Apple Inc.’s iPhone software had 38 per cent, according to International Data Corp., a Framingham, Massachusetts-based market research firm. The FTC was heavily criticized for that decision, especially after it accidentally posted a document leaking the names of the complainants in the case.

However, if a company dominates the market for a certain product that is in high demand, and basically forces consumers to buy a complementary product, well, that’s a completely different story. The Malaysian ringgit fell to below 4.39 against the dollar for the first time since the Asian financial crisis in 1998, following reports that a Malaysian state investment company is being investigated by U.S. authorities. This time, however, the FTC and European Commission are investigating Google at the same time, though not exactly for the same things — so it could get awkward if they arrive at different decisions. The Android mobile platform ties together several Google products, including search and maps, into one bundle, echoing the even more dominant Microsoft Windows platforms of nearly two decades ago.

In 1998, the U.S. claimed Microsoft unlawfully protected its Windows monopoly by keeping computer makers from promoting Web browsers that competed with its Internet Explorer. As already mentioned, Google has been investigated before, their Search business that is, but two years ago FTC couldn’t conduct a proper investigation because the commission voted 5-0 not to bring move forward with it.

The Bank of Japan’s main inflation gauge dropped below zero, falling to minus 0.1 percent for August, as plunging oil prices and weak domestic demand were not offset by Governor Haruhiko Kuroda’s monetary stimulus. If consumers can go to other manufacturers to avoid the bundled product, there’s likely no antitrust violation, First said. “The question for Android is do they really have sufficient market power, particularly in a world where there are other mobile-phone operating systems?” he said. You’ll get to keep your current user name (as long as it doesn’t contain invalid characters, in which case you’ll have to go through a few extra steps to make the transfer), and all your old comments will eventually (not immediately) migrate with you. Google’s competitors were using the leaked document to “sow confusion and undermine the FTC’s conclusions,” Google’s director of public policy, Johanna Shelton wrote to the FTC on March 23. Two days later, FTC Chairwoman Edith Ramirez and two commissioners defended the decision to close the investigation, saying it had been in accord with recommendations from staff in the competition and economics bureaus.

It has accused Google, Inc. and Apple Inc. of wrongly billing consumers for unauthorized purchases made by children on mobile applications. They are also examining whether handset makers are blocked from developing their own versions of Android, adding to Google’s worries in a region that makes up one-third of its revenue. Before reaching a final decision, the commission has to lay out its main concerns in so-called statement of objections, which gives the company an opportunity to respond.

Here you can write a commentary on the recording "Five Things Everyone Will Be Talking About Today".

* Required fields
All the reviews are moderated.
Our partners
Follow us
Contact us
Our contacts

ICQ: 423360519

About this site