walkman - 4:20 pm on Sep 23, 2011 (gmt 0)
For every job they created they have probably caused the loss of 100 others.
I wonder if the reason Google hired thousands of people recently was just to show they provide jobs in a time when jobs are desperately needed? That was one of Schmidt's arguments - don't mess us up, we're providing JOBS, and you should let anyone who provides jobs do whatever they want.
Monopoly suits are mainly about whether consumers are being hurt, not competitors. Consumers usually are hurt by lack of competition, so the question is: is Google squelching competition? I say yes in light of the testimony from Yelp.
You have to prove them in court though, but it makes sense that that a nice chunk of the $30 Billion Google is making in sneaky ways (if not outright fraud) is an added cost to the consumer.