Google, FTC: In a letter to Federal Trade Commission chairman Jon Leibotwitz, Reps. Anna Eshoo (D-Calif.) and Zoe Lofgren (D-Calif.) said they believe agency action under competition statute of the FTC act would be “unwarranted, unwise and likely have negative implications for our nation’s economy.”

Section 5 of the FTC act deals with unfair or deceptive practices; the lawmakers say that making an antitrust case under this section could ”lead to overbroad authority that amplifies uncertainty and stifles growth.”

The lawmakers said that they “strongly urge the FTC to reconsider” making such a case.

Intel’s Paul Otellini to retire: Intel announced Monday that its chief executive officer, Paul Otellini, will retire in May after 40 years with the company. He has been its chief executive officer for eight years.

Otellini, 62, the fifth CEO in the company’s 45-year history, will step down at the company’s annual stockholders meeting in six months. The company also promoted three top employees to the executive vice president level: software head Renee James, chief operating officer and manufacturing head Brian Krzanich, and chief financial offers and corporate strategy lead Stacy Smith.

Petraeus probe shows extent of FBI’s access: The Federal Bureau of Investigation probe into former CIA Director David H. Petraeus sketched out a fuller picture of how far the agency can reach into private communications even without evidence of a crime, The Washington Post reported.

The report said that it remains unclear whether the FBI attempted to limit its intrusion into e-mail exchanged between Petraeus and Paula Broadwell.

The agency declined to respond to questions from The Post about how it handled personal information during the investigation. It also declined to discuss broad guidelines for how it safeguards the privacy of ordinary citizens.

Digital copyright: Rep. Darrell Issa (R-Calif.) is planning a bill to clarify what counts as “fair use” online, in response to a ruling from the U.S. Copyright Office.

The office rejected a request from the consumer rights group Public Knowledge to affirm that consumers can make personal copies of music, movies and software as long as they are not for commercial use.

Roll Call reported that Issa plans to work with Judiciary Chairman Robert Goodlatte (R-Va.) to make the issue a priority heading into the new year. The report said Issa expects the Judiciary Committee will hold a hearing on the subject early next year.