04.12.2009 - Rightmove falls on report Google may start competitor
From Bloomberg: Rightmove Plc, owner of the U.K.’s largest residential property Web site, was the country’s worst- performing stock today after the Financial Times said Google Inc. may create a competing site that’s free. Rightmove slumped 10 percent. Google, owner of the world’s most popular search engine, is talking to U.K. real-estate brokers about setting up an online property portal next year similar to one created in Australia that’s free to property brokers, the Financial Times reported, without saying where it got the information.................................Full Article: Source
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