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Google's slogan may be don't be evil, but a growing chorus of antitrust regulators in the United States and Europe want to know if the company has lived up to that creed.
This week, those concerns — especially whether Google gives its own businesses preferred placement in search results, thwarting competition and harming consumers — will have their most public airing to date, when Google's chairman, Eric E. Schmidt, testifies before a Senate antitrust panel. Some of Google's competitors will also testify.
“Google is a great American success story, but its size, position and power in the marketplace have raised concerns about its business practices, and raised the question of what responsibilities come with that power,” said Senator Richard Blumenthal, Democrat of Connecticut, who is a member of the antitrust subcommittee and who as the attorney general of Connecticut played a leading role among the states that sued Microsoft.
Scroll?.... they've even disabled natural page scroll. Try scrolling the serp pages using your keyboard arrow keys and see what i mean.... natural scroll has been replaced by a little pointer jumping from one result to the next, starting at result 1
This could explain clicks going down for us and the huge increase of Google's earnings. How much lower have they gone and we don't know yet?
Tried it, "top finance term" not happening from here ..France ( page scrolls as normal )..but I'm set for US results..
Maybe yet another test of the water with only a few ( or only USA ) seeing it ?
I'm not "signed in" for any searches...
Google exec rejects charge search results 'cooked'Can't wait for the chefs at Google to do another video for the Food Channel. Open the algo to an independent party, let's see what sauce you used for Panda!
By Chris Lefkow (AFP) – 23 minutes ago
WASHINGTON — Google executive chairman Eric Schmidt rejected charges Wednesday that the Internet giant "cooks" search results to favor its own services as he came in for tough questioning from a Senate panel.
During an hour-and-a-half of testimony, Schmidt repeatedly stressed that Google's search algorithms are designed to return the best results for users and are not rigged to give preference to its own products or services.
Republican Senator Mike Lee of Utah was not convinced and pointed to a study of product search results in which he said Google Product Search displayed an "uncanny" ability to repeatedly show up third in the rankings.
"You've cooked it so that you're always third," Lee said.
"May I simply say that I can assure you we have not cooked anything," Schmidt replied.
Schmidt repeatedly stressed that Google's search algorithms are designed to return the best results for usersThat has been shown and proven that it is a blatant lie. The placement of junk Local, Images, Youtube etc clearly shows that, especially since they're all Google owned. Not even a local link from say, Yelp? All the seven best ones are from G Local?
The most effective testimony against Google came, however, from Yelp CEO Jeremy Stoppelman. He described a timeline of events in which Google and Yelp were partners. But after that ended, Google later began including Yelp reviews in Places (a competitive product) without permission. Yelp said that the company asked that those reviews be removed, which Google declined to do without removing Yelp from the index entirely. It was only after the FTC investigation was announced, said Yelp, that Google complied.
Lots of losers due to "bad quality" of content. But one massive winner: Google.
Since Google launched Panda it has beaten Wall Street estimates twice. It's revenues have surged tremendously, yet for much of the past year and more, Google's revenues to its own sites (AdWords) barely could keep pace with revenue to its partner sites (AdSense).
Here's an example for 2010 revenues:
- In Q1 Google sites grew 20% and partner sites grew 24%.
- In Q2 Google sites grew 23% and partner sites grew 23%.
- In Q3 Google sites grew 22% and partner sites grew 22%.
- In Q4 Google sites grew 22% and partner sites grew 24%.
At no point did Google manage to exceed growth in revenues from its partner sites.
Yet suddenly in 2011, under new CEO Larry Page, everything changed:
In Q1 Google sites grew 32% and partner sites grew 19%.
In Q2 Google sites grew 39% and partner sites grew 20%.
Yet for the past year and more, Google couldn't keep up with partner sites and all of a sudden it is surging ahead.
What caused this sudden reversal in fortunes? It looks like it's due to Panda.
Google is taking away traffic from its partner sites and that means it doesn't have to split the revenues, about 68%, with partners -- it keeps all the money.