Google Inc (NASDAQ:GOOG) Voluntarily Changes Some Business Practices to Resolve FTC Antitrust Investigation - OPEN, WWWW, KYAK

Pompano Beach, FL -- (SBWIRE) -- 01/03/2013 -- Google Inc (NASDAQ:GOOG) is ready to settle the US Federal Trade Commission's long-running antitrust probe by compromising on voluntarily change to some of its business practices, Bloomberg published today.

Is GOOG a Solid Investment at These Levels? Read This Report For Details

The FTC has been examining an extensive range of Google's business practices, concentrating generally on the method Google displays search results, which critics say prefer the business's own services over those of its rivals. The US trade agency has as well been inspecting Google decisions on technology licensing, which some say are anti-competitive.

As element of the clearance of the trade agency's 20-month investigation, the search heavyweight is agreeing to willingly modify the way it uses other Web sites' information and to let advertisers to export data, three sources informed the news agency.

So far today, Google Inc (NASDAQ:GOOG) shares surged 0.74% to $728.59 while the stock is changing hands within a range of $722.21 – $730.61. In the past year, the stock has traded between $556.52 and $774.38. Its average daily trading volume is 2.18 million shares.

Will GOOG Continue To Move Higher? Find Out Here

Looking at other stocks within industry, OpenTable Inc, Web.com Group, Inc and Kayak Software Corp were in the gainers list. Let’s have a quick look on their Market performance.

OpenTable Inc (NASDAQ:OPEN) shares are up +1.40% to $52.10 while the stock is trading within the range of $51.15 – $52.21 in the current trading session. In the last 12 months, shares have floated between $33.53 and $52.64. This stock, on average, has trading volume of 368,467 shares.

For How Long OPEN will Fight for Profitability? Read This Trend Analysis report

In this session so far, Web.com Group, Inc. (NASDAQ:WWWW) shares moved up +0.07% reaching $15.30. The stock is trading in a range of $15.25 – $15.36. In the last year the stock has moved within a range of $10.54 – $19.72. The Company’s average daily trading volume is 345,609 shares.

What was the Moving Force behind WWWW On Bullish Run? Read This Research Report

Another rival company, Kayak Software Corp (NASDAQ:KYAK), is trending +0.32% higher to $40.14. The stock price is hovering in range of $40.04 to $40.32. In the previous 52 weeks, shares price ranged between $26.01 and $40.97. Their average daily trading volume is 119,341 shares.

Why Should Investors Buy KYAK After The Recent Gain? Just Go Here and Find Out

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