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Tuesday, April 5, 2011

Google could be target of Anti-Trust Probe.

FinancialNewsOnline on Apr 5, 2011 - Google (GOOG) is down 2.2% to $574.58 on news the company could be a target of a U.S. Federal Trade Commission anti-trust probe.

The FTC is considering a broad antitrust investigation into the company's dominance in the Internet-search industry, Bloomberg reports.

The commission is awaiting the Justice Department's decision on whether it will challenge Google's planned M&A of ITA Software Inc.