This will be worth watching:
The Justice Department has quietly hired one of the nation’s best-known litigators, former Walt Disney Co. vice chairman Sanford Litvack, for a possible antitrust challenge to Google Inc.’s growing power in advertising.
Mr. Litvack’s hiring is the strongest signal yet that the U.S. is preparing to take court action against Google and its search-advertising deal with Yahoo Inc. The two companies combined would account for more than 80% of U.S. online-search ads.
Google shares tumbled 5.5%, or $24.30, to $419.95 in 4 p.m. trading on the Nasdaq Stock Market, while Yahoo shares were up 18 cents to $18.26.
For weeks, U.S. lawyers have been deposing witnesses and issuing subpoenas for documents to support a challenge to the deal, lawyers close to the review said. Such efforts don’t always mean a case will be brought, however.
Mr. Litvack, who was the Justice Department antitrust chief under President Jimmy Carter, has been asked to examine the evidence gathered so far and to build a case if the decision is made to proceed, the lawyers close to the review said.
I think in a time of general economic turmoil, one of the best things the government can do is to launch lawsuits against the few remaining economic forces. In all seriousness, the real question I have for this sort of case and all those like it is how do they find a jury with the requisite intellect to accurately come to a fair decision. This is a case (should it be brought) with intricacies that would confuse 98% of the population (and that isn’t because the public is stupid, even though they are, but because of how complicated the law and the case laws are). How do they ever get fair verdicts in these cases?