Google Inc. (GOOG) to Drop Patent Cases in FTC Deal

Google Inc. (NASDAQ:GOOG) – with plenty of investor support, including billionaire Julian Robertson – has been embroiled in a very public antitrust case with the Federal Trade Commission, which had claimed that Google has been squeezing out competition in its search results. However, the FTC ruled in a 4-1 vote that it found no evidence that Google produced biased search results in favor of its own properties like YouTube. As part of the FTC dropping its investigation, Google did have to give in to one point.

Google Inc (NASDAQ:GOOG)

Google Inc. (NASDAQ:GOOG) was ordered by the FTC to drop all of its current cases in which the company is pursuing injunctions against competitors which were alleged to have violated standard-essential patents owned by Google’s Motorola Mobility division. The order didn’t specifically address the cases involved in the order, but the FTC referred to those cases that were brought by Motorola Mobility before it was bought by Google early in 2012. The order stated that as long as those who allegedly violated those standard-essential patents are willing to license those patents, then Google should not pursue any injunctions in a U.S. federal court or with the U.S. International Trade Commission.

Those who supported the order suggested that it presents some insight into how to handle FRAND licensing of standard-essential patents owned by Motorola Mobility and Google Inc. (NASDAQ:GOOG). Apple Inc. (NASDAQ:AAPL) and Microsoft Corporation (NASDAQ:MSFT) are among those who have been pursued by Motorola for alleged patent violations.

While Google Inc. (NASDAQ:GOOG) seemed amenable to the order, a blog post seemed to indicate that pursuing injunctions were still on the table. “We will seek to resolve standard-essential patent disputes through a neutral third party before seeking injunctions,” wrote the company’s chief legal officer, David Drummond.

In another part of the order, Google Inc. (NASDAQ:GOOG) agreed to change some business practices, which includes modifying its search results to change how it shows content from non-Google-affiliated Web sites. What do you think of the settlement?  How do you see this affecting the tech sector going forward? Share your thoughts below!

See these related GOOG articles:

Did Google Win Against the FTC?

British PM Eyes Google Over EU Taxes

Google Allies with Kia Motors

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

The 10 Countries with the Highest Suicide Rates

The 10 Most Technologically Advanced Countries in the World

The 10 Safest Countries in the World to Live in Peace

The 10 Top Selling Smartphones in the World 2014

The 12 Biggest Shopping Centers in the World

The 10 Friendliest Countries in the World

Qihoo 360 Technology Co Ltd (QIHU), Actavis plc (ACT), Yahoo! Inc. (YHOO) Among 20 Long Ideas from Sohn Canada

The 10 Laziest Countries in the World

The 10 Most Polluted Countries in the World

The 10 Most Dangerous Cities in America 2014

The Top 10 Gold Producing Countries in the World

The 10 Tallest Buildings in the World

The 10 Richest Stand Up Comedians in the World

The 10 Fattest Countries in the World

The 5 Best Summer Jobs for Teens

The 10 Most Religious Countries in the World Keeping the Faith

The 10 Most Educated Countries in the World

The 10 Most Popular Cell Phones in the World

The 10 Drunkest Countries in the World

The 10 Most Expensive Private Schools in the World

The 10 Smallest Countries in the World

Walking Dead Season 5 Spoilers You’ll Wish You Didn’t Know

The 10 Poorest Countries in the World

The 10 Greenest Countries in the World

The Top 10 Countries with the Highest Population in the World

The 10 Most Visited Countries in the World

The Top 10 Star Wars Characters in the Iconic Series

The 10 Most Expensive Android Phones in the World

5 Reasons Why The Illuminati Is Real and a Threat to Society

The 6 Scariest Halloween Costumes Ever Screamed At

The 4 Biggest Hedge Fund Managers in the World Today

The 15 Most Densely Populated Countries in the World

The 10 Biggest Tea Drinking Countries in the World

Top 6 Ways to Improve Your Checkout Process and Close Sales

The 5 Most Profitable Online Businesses You Can Start Today

The 20 Most Profitable Hospitals in the US

The 5 Most Profitable Home Businesses to Start

The 7 Teams that Will Win the Stanley Cup in 2015

The Top 10 Most Expensive Digital Cameras to Snap Stunning Shots With

The 10 Highest Quality Fast Food Restaurants In America Today

The 8 Best Halloween Decorating Ideas to Spook Up Your House

10 Marvel Women that Should Get a Movie Right Now

The 20 Best Remixes of Popular Songs that Will Make You Forget the Originals

7 Most Expensive Cities in the World

5 Least Expensive Cities in the World

10 Celebrities Who Believe In Scientology

10 High Margin Food Products to Build a Business Around

The 10 Most Expensive Clothing Stores in the United States to Get Decked Out At

The 5 Biggest Kickstarter Scams That Swindled Backers’ Donations

The 10 Most Expensive Boarding Schools In the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!