Is Google a monopoly? And is Google deliberately pushing down competitors in their own search results? These are the main questions a US Senate subcommittee is trying to get answered in a special Google hearing this week.
With a market share of over 65 percent in the US and close or even over 90 percent in many European countries and with the enormous amount of acquisitions Google is doing these days this is not such a strange question to be asking. The hearing was triggered by complaints from Google competitors like Yelp.
One of the people being heard is Eric Schmidt. Now we all know he likes to throw around some quotes we all find either amusing or interesting. And at the hearing we were not disappointed. Schmidt claimed that Google had learned from mistakes that Microsoft made in the past, he also almost said that Google indeed was a monopoly (isn’t that like close to a confession?) but did not “cook anything” and while he was at it he kind of explained how Google tests algorithm changes. (more…)