A recent truemor about Google’s antitrust risk under the Obama administration raises what could become the most important technology topic of Obama’s administration. That may sound melodramatic, but as all citizens and businesses grow more dependent upon the internet so too does Google’s power grow to impact the lives and livelihoods of the world. It doesn’t hurt that Obama’s pick to head antitrust, Christine Varney, considers Microsoft “so last century” and Google a monopoly.
“With no notice, Google changed from cheerleader to tyrant when it realized we were a competitive threat,” said TradeComet founder and chief executive
“For example, Google raised my prices by 10,000 percent, which strangled our business, virtually overnight,” he said. “As a result of Google flexing its monopolistic muscle, SourceTool.com currently averages about one percent of the traffic it previously had and is no longer a competitively viable business.”
Google responded with a now-familiar claim:
“the advertising market in which Google operates is highly competitive, and advertisers have a huge range of choice”