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Kamis, 07 Mei 2009

U.S. regulators think Google occupies too much place in the Internet market


Google is facing a tough scrutiny of the U.S. government as its rapid growth and success made it almost sole player in the market of internet search and online advertising. The company attracts attention of antitrust enforcers concerned with the possible abolition of competitive market that may result from Google’s exorbitant extension.

"In some ways people think of them as potentially becoming the next Microsoft," attorney Beau Buffier, with Shearman and Sterling LLP, said of Google.

Evan Stewart of Zuckerman Spaeder LLP notes that while America is the leading country in the market of hi tech this position should not be backed by the fact it allows one company like Google to become an absolute monopolist. Steward said that measures should be taken to preserve competitiveness of the industry.

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