The FCC, founded in the 1930's to assign frequencies to radio broadcasters and do price fixing for the telephone company, wants to expand. They want to regulate Google and make it "fairer". They are supported by loads of webbies who feel their websites arn't getting good positioning on Google.
Google has competitors. If Google's service and site rankings don't please the web surfing public, they can and will go elsewhere. That's all the regulation needed. I see no reason to give FCC bureaucrats a say-so in how a search engine ranks websites. In fact, that could get scary, the current FCC would tell Google to rank Democratic sites above Republican sites.
Article here.
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