29 June 2009

Google under scrutiny by DOJ

Peter DaSilva for The New York Times

"'Competition is a click away,' says Dana Wagner of Google, who has been on a public relations mission for the company."

As with many successful companies, Google finds itself falling under the watchful eye of the U.S. Department of Justice and regulators concerned about potential monopolistic practices. The company has around two-thirds of the Internet search market, YouTube is 10 times the size of the next biggest competitor, and it sold $22 billion in advertising in 2008. Dana Wagner, Google's Senior Competition Council and a former D.O.J. trustbuster, is tasked with explaining how Google is a relatively small company that has had success because its constant innovation has lead to superior products, but that it could fall to its competitors should that trend ever change.

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