Sunday, September 25, 2011

How US Senate quizzed Google's Schmidt

1.52pm:

1.54pm:


"deploy its market power to squelch competition."

"One company's past is not another company's future," he says.

2.20pm:

This is kinda reminding me of the banking hearings. I imagine we may see that quote again.

2.45pm:

3.17pm: says they had "a long conversation years ago about how not to be evil" if Google became big. "We think we have done the things that would be appropriate," he says.

They have market power. Their market power is expanding. Andoid is on more than 50% of mobile's shipped in the US today. "Is there a problem? Yes there is a problem if Google is engaged in improper conduct," says Barnett.

, founder of Yelp is up now.

Not being in Google is tantamount to not existing, he says. So when Google said it wanted Yelp's reviews for free, they had to provide them. Now it's playing nicely - could that be because the government is investigating possible monopoly abuses, he asks.

4.17pm:

Stoppelman

Franken has said "Microsoft." Eric Schmidt avoided saying the dreaded M word earlier. Franken says it's not enough to say "trust us." He asks Google's pal if there should be a technical panel to look at Google just as there was with Microsoft. Are we heading for a full on anti-trust inquiry? And not an antirust inquiry - which as my colleague

, and the left,

Dominic Rushe


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