News roundup: Chesapeake Energy target of U.S. antitrust probe … Google fined $22.5M for latest privacy breakdown

Published Aug 10, 2012 at 10:00 am (Updated Aug 10, 2012)

Drilling down to it: Chesapeake Energy says it's the subject of a U.S. government investigation over possible criminal antitrust violations related to the purchase and lease of oil and gas properties in Michigan. Chesapeake has received a subpoena from the antitrust division of the Justice Department's Midwest field office, requiring the company to produce documents before a grand jury in the Western District of Michigan, according to a filing with U.S. regulators on Thursday. Get the full story here.

Nothing to doodle about: Google is paying a $22.5 million fine to settle the latest regulatory case questioning the Internet search leader's respect for people's privacy and the integrity of its internal controls. The penalty announced Thursday by the Federal Trade Commission matches the figure reported by The Associated Press and other media outlets last month. It's the most that the FTC has ever fined a company for a civil violation. Read the full story here.