Good news for the search engine giant Google! The U.S. government has decided not to file an antitrust lawsuit against the company, which has been under investigation by the Federal Trade Commission for two years. Described as ‘an incredibly thorough and careful investigation’ by FTC Chairman Jon Leibowitz, the five commissioners concluded unanimously that they lacked sufficient evidence to charge Google with antitrust violations. Announced Thursday, the settlement between Google and the FTC was a blow to several of the search giant’s rivals which included Microsoft. There is no doubt that Google is dominant, in fact, the company accounted for 74.5% of all U.S. search advertising revenues in 2012. Legal experts have observed: a monopoly in a given market is not, by itself, illegal, but seeking to achieve or maintain a monopoly through anti-competitive practices is. After a long and in-depth investigation — the FTC reviewed over 9 million pages of documents — federal regulators charged with policing antitrust abuses have concluded that Google has not violated U.S. antitrust law. It will be interesting to see what comes from this. Be sure to let us know what you think in the comment section below!