Italy's antitrust chief warns on Google "monopoly"

Reuters News
Posted: Jun 26, 2012 4:31 AM
Italy's antitrust chief warns on Google "monopoly"

ROME (Reuters) - Google risks becoming a publishing monopoly within a few years, Italy's antitrust chief said on Tuesday, adding that social networks should be subject to antitrust limits.

"In the course of a few years, Google could become a monopoly in this market," Giovanni Pitruzzella told Italy's lower house of parliament, referring to the publishing sector.

The country's antitrust regulation should extend to internet media including social networks, which are competing with traditional publishing companies for advertising revenues, Pitruzzella added.

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(Reporting By Albeto Sisto, writing by Naomi O'Leary)