Among Antitrust Concerns, Google CEO Testifies at Senate Hearing

(Ping! Zine Web Hosting Magazine) – Yesterday saw the biggest test yet involving antitrust concerns over Google’s practices as company CEO Eric Schmidt testified before lawmakers on Capitol Hill.

Appearing before the Senate Judiciary Committee, Schmidt defended his company, even referencing Microsoft (although not by name). Schmidt talked about how Microsoft dominated the nineties with innovation, however he admitted, “But that company lost sight of what mattered. Then Washington stepped in,” according the Washington Post.

As you may remember, Microsoft was involved in a large antitrust suit by the U.S. government at the time. In recent years, Google’s internet services have dominated online activity. By some, it’s been seen as similar to how Microsoft’s software once dominated computers (Apple has notably regained popularity in recent years).

So exactly how are Google’s antitrust concerns different from Microsoft’s? According to CNET, Schmidt emphasized how people can easily seek competition online by simply going to other sites.

One of the largest concerns during the hearing was that Google manipulated search results to benefit its services, a charge which Schmidt adamantly denied.

Meanwhile, besides Google, the government is expressing concerns related to another antitrust issue. Just last month, the U.S. Justice Department moved to block AT&T’s attempt to acquire rival T-Mobile. For more information on the Google hearing, visit: http://www.washingtonpost.com/business/economy/google-chairman-faces-capitol-hill-heat-for-first-time/2011/09/21/gIQAzawBmK_story.html

 

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