Google and Yahoo lawyers defended their recent decision to partner on advertising Tuesday at a Congressional hearing, arguing that the arrangement did not violate antitrust laws and would help to keep Yahoo competitive. Their arguments were countered by Microsoft officials who argued that the partnership would allow Google and Yahoo to dominate more than 90 percent of the search advertising market and could significantly raise prices.
“I never felt so sorry for poor little old Microsoft,” said Representative John Conyers Jr., chairman of the House Judiciary Committee, to laughter.
In a statement, Bradford L. Smith, senior vice president and general counsel of Microsoft, said: “If search is the gateway to the Internet, and most believe that it is, this deal will put Google in a position to own that gateway and the information that flows through it. When Yahoo talks about this deal generating up to $800 million in additional revenue, that’s money out of the pockets of American businesses, big and small, who will pay higher prices for the very same ads they buy from Yahoo today.”
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Chris. ->> Links are advertising NOT optimising!! <<-
A foolish consistency is the hobgoblin of little minds
Thought for today:- I SEO the only industry where all the cowboys are Indians?
But what about all those people that seem happy that Google and Yahoo will become partner in the Search Advertising market.
I don't think it was a good move from Google....but that's probably why I am writing on this forum instead of leading one of the best company in the world
