FTC Ends Investigation Into P2P Site LimeWire
By: Chloe Albanesius
The Federal Trade Commission has closed its investigation into peer-to-peer site LimeWire, though the agency said it remained concerned about the security implications of users running legacy versions of the company's software.
"Upon review of the matter, including non-public information submitted to the staff, we have determined not to recommend any further action by the commission at this time," Mary Koelbel Engle, associate director of the FTC's bureau of consumer protection, wrote in an Aug. 19 letter to LimeWire chief executive George Searle.