The FTC is now very likely to file an injunction in Federal Court to block Google's proposed acquisition of AdMob, if Google does not walk away from the deal, given that Bloomberg reports that the FTC is "seeking sworn declarations from Google Inc. competitors and advertisers."    

Thanks to John Simpson's post at the ConsumerWatchdog.org, which flagged this succinct and illuminating 2 min 46 sec video "produced by Hungry Beast, a weekly news show on Australian television puts Internet giant Google's huge ambitions and gargantuan reach into dramatic perspective."

Today's New York Times front page story "Google's computing power betters translation tool" by Miguel Helft spotlights that Google arguably owns and operates "the world's largest computer." The article quotes a Google  engineering VP explaining that Google's unparalleled computing power enables Google to "take approaches others can't even dream of."

Combine the world's largest computer, with the best automated translation capability for most all of the world's top languages, with reports from the front page of the Washington Post that Google proactively sought help from America's top spy agency, the NSA, for its cyber-security vulnerabilities, and it is not surprising that foreigners would be growing increasingly wary of Google and the extraordinary potential power that Google holds over them. 

So what do foreigners increasingly see Google doing?

New research from Piper Jaffray suggests that Google actually may have increased its censorship by ~30% in China since Google grand-standed on the world stage in January pledging that it would no longer censor search results on China.cn.  

Per Business Week's Blog, Piper Jaffrey' analyst Gene Munster: 

"Google does not reap the benefits of significant network effects because its search algorithms are centered on the analysis of links, and operate essentially the same way whether one person or six billion are using it." -- said Randall Stross in his Digital Domain column today in the New York Times. 

George Ford of the Phoenix Center has penned another incisive analysis about the real world impact of net neutrality and the FCC's Proposed Open Internet regulations.

• "Sabotaging Content Competition: Do Proposed Net Neutrality Regulations Promote Exclusion?" is an important read for anyone seeking a substantitve understanding of the impact of the FCC's proposed rules.
  • George Ford and Michael Stern's core conclusion: "...the proposed net neutrality rules of both the FCC and Congress... can actually promote such exclusionary behavior. That is, the incentive to monopolize is greater under net neutrality."

  The Phoenix Center's profound insight here got me thinking, (which is always my highest compliment) so let me share my takeaways building on their conclusion; takeaways that show why net neutrality is such an intellectually and economically bankrupt concept.

  • First, not only is net neutrality "a solution in search of a problem," but the FCC's proposed "solution" would make the net neutrality "problem" they allege worse than the status quo!

The discussion at the Federalist Society about former U.S. Solicitor General Greg Garre's excellent legal analysis  (that the FCC does not have the legal authority to promulgate Internet traffic rules), surfaced what I believe to be yet another insurmountable barrier for the FCC to overcome -- beyond the litany of legal barriers outlined by Mr. Garre.

• FCC reclassification of broadband as Title II common carriage would practically force the FCC to redefine competition in a way that would be arbitrary and capricious. 

Let me explain. 

Public Knowledge's Gigi Sohn laid out  the counter argument to Mr. Garre's analysis that the FCC could reclassify broadband as Title II by simply revisiting the basis for the FCC's 2002 decision and overturning it as wrong on three counts:

Kudos to Larry Darby of the American Consumer Institute for his outstanding new study on the destructive effect of regulation on innovation. Please read it if you are at all interested in innovation.

The study debunks the views of some that government, regulation and regulators are somehow a font of innovation. 

After reviewing the relevant literature and evidence on the subject, Dr. Darby concluded that:

Click here to read The Onion's latest satire about  Google's privacy invasion problems. Its hilarious just like the Onion's other satire video on Google's "Opt-out Villiage."  

• Why it is so poignant and funny scary is that Google has all this private information on everyone and is increasingly integrating it for real, just as this recent article from the Register shows. 

If you enjoy these satires, please check out more at the GoogleMonitor.com humor section. Enjoy! 

It appears Google impetuously over-reacted to the big cyber-security breach of Google and a reported ~30 other companies. Google alone publicly blamed China and only Google publicly pledged to stop censoring search results in China in retaliation.    

What is the evidence that Google impetuously over-reacted here?

First, Forbes reported: "Researchers Call Google Hackers 'Amateurs' -- A new report says the attack on the search giants network was far less sophisticated than it has claimed." Specifically: