On CBS News: The Federal Trade Commission is reportedly ready to serve Google with subpoenas in a broad antitrust investigation. According to the Wall Street Journal, the FTC is ready to investigate whether Google is abusing its dominance of the Web. CNET News is reporting that a U.S. Senate committee probing antitrust and Internet search topics is threatening to subpoena Google CEO Larry Page or Chairman Eric Schmidt in the next month or so. No one is commenting and the Journal cited people close to the matter. At issue is Google's position in search advertising and whether it is using its results to channel users to its own sites at the expense of rivals. The investigation comes as Google is expanding into areas such as mobile via Android, display advertising and local deals and coupons. It's unclear how the investigation will impact Google's operations, but history provides a quick guide. Typically, these antitrust investigations make the target company less competitive. After all, companies under the antitrust microscope try to stay out of trouble and that means paring back their natural competitive impulses. For instance, you could argue that Microsoft became less competitive after its high profile battle with the Department of Justice in 1998. The DOJ initially wanted to break up Microsoft, but then backed off. The Microsoft suit revolved around the company using its operating system dominance to push its Internet Explorer browser. Microsoft settled with the DOJ in 2001. Since that settlement, Microsoft has missed the tech curve in a few key areas--notably mobile. Microsoft had to watch its bundling practices going forward. Google could be in a similar position. For instance, Google could theoretically have to minimize its own properties such as YouTube. That could open the door to other video players. Oddly enough, Microsoft's Bing search engine could stand to benefit the most from Google's antitrust issues. If Google were found to be using its search results to push its own properties. --------- If they decide to knock the big G down a step or two Bing will be waiting to jump right in. guess the big question for us marketers is how will this affect us if G has to start sharing traffic with Bing and Yahoo. I think If G falls down to 50% there will be some biigggg change for everyone in SEO. This could also be a case of The sky is falling, The sky is falling, grab your tin foil. Only time will tell I suppose. On a side note, while researching this I also learned that Google is the first website in the world to get over 1,000,000,000 UNIQUE VISITORS a month (that's Billion with a B). I think that includes all of it's properties and not just the search page however.