Welcome to WebmasterWorld Guest from 188.8.131.52
Forum Moderators: goodroi
The survey, which was fielded from September 15-18, polled 1,005 adults aged 18 and older across the United States. It found that most Americans are uneasy with Google’s dominance of the Internet in general and the search advertising market in particular.
Eight in ten (79%) Americans favor the FTC’s investigation of the company for restricting fair competition and misleading consumers. Half (49%) say they strongly favor the FTC’s actions.
Over six in ten (63%) say it is unfair for Google to use the profits it makes from its dominant position in search advertising to buy smaller, innovative companies at an early stage, preventing them from becoming competitors.
Almost six in ten (57%) feel that Google’s control of 79% of the search advertising market is bad for consumers. Only a third (33%) consider this a good thing for consumers.
So much for crossing that creepy line, know a few traders personally getting ready for a short on Goog.
Three-quarters (74%) say it is unfair for Google to raise prices for advertising without notice and to favor large e-commerce companies over small local businesses.
[edited by: walkman at 9:36 pm (utc) on Sep 23, 2011]
Google does not “raise prices for advertising.” Prices of both search ads and display ads are set by auction, not directly by Google. Advertisers compete to have their ads displayed by voluntarily raising or lowering bids.
Sept. 21 (Bloomberg) -- U.S. antitrust enforcers are investigating whether Google Inc. illegally increased advertising rates 50-fold for rival Microsoft Corp., according to a person familiar with the matter.
Most people want Google to tell them what they should be doing next - Eric Schmidt
We expect that advertising funded search engines will be inherently biased towards the advertisers and away from the needs of the consumers - Brin and Page, 1998
2. Since incorporating in 1998, Google has grown from a small startup company to become the world’s largest Internet company, with revenues of more than $29 billion a year. Google makes almost all of that money by using the personal data it collects about consumers to sell targeted search advertising. Today, Google controls 79% of the search advertising market in the United States.
Do you feel that one company controlling 79% of the search advertising market in the U.S. is good for consumers or bad for consumers?
This survey is not viable.
22. Despite a bad economy, last year Google had revenues of more than $29 billion a year, mostly by shadily charging companies for appearing on top of normal search results. This year, their multi-billionaire CEO and multimillionaire programers (seen here laughing about it) have decided to take another $10 billion, mostly from small businesses trying to survive in these troubled economic times. Do you think that single moms, invalid war veterans, poverty stricken retirees and other honest small business owners should suffer because a big corporation like Google is not happy with $30 billion a year? Should Americans pay more money for items they buy online because Google wants to increase their earnings even more this year?
At least the people have taken notice now, that's a victory in and of itself.
That's no true auction, bidders didn't cause the price to spike, GOOGLE DID! (be it by an adwords change, or a search algo tweak that triggers the adwords change)