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Google's dominance in Internet search are among the issues the Senate's leading legislator on antitrust issues plans to scrutinize in the months ahead.
Sen. Herb Kohl (D-Wis.) specifically called out Google as a potential cause for concern. The senator in December urged the Justice Department to conduct a "careful review" of the search giant's attempted acquisition of travel search software firm ITA.
"In recent years, the dominance over Internet search of the world's largest search engine, Google, has increased and Google has increasingly sought to acquire e-commerce sites in myriad businesses," Kohl said in a news release.
Read more: [politico.com...]
Conduct a "careful review" of the search giant's attempted acquisition of travel search software firm ITA.
Closely examine allegations raised by e-commerce websites that compete with Google that they are being treated unfairly in search ranking
[edited by: tedster at 9:11 pm (utc) on Mar 11, 2011]
[edit reason] extend the quotation [/edit]
If YouTube's business model can be allowed to continue (profit off mostly copyrighted items while claiming ignorance) then I can't see how there's a chance in hell that the Senate will change anything about how Google operates.
I said this in a private forum a couple of weeks ago: There has never been a company in the history of public markets that has yielded so much unchecked power over unrelated companies' revenues as Google does now with 80%+ market share for organic search in the US.
It's not anti-trust because monopolistic control isn't exerted over Google's customers in the case of organic search. It's something we haven't seen before. Unfortunately the real issue is likely to be lost on most politicians.
...then investing or shorting on their own time ... and the TOTAL lack of trasparency would make it impossible...
I'm sure Google is looking for a location for a data center in Wisconsin as we speak.