Tuesday, September 20, 2011
Schmidt: Google's success stems from the advantages of user interest
San Francisco on Tuesday, September 21 afternoon news, Eric Schmidt of Google, the president (Eric Schmidt) submitted to the Senate antitrust subcommittee, the company said in written testimony competition they face in many areas , active in many industry innovations still open concept and competing services, adhering to a user-friendly access.
Google is not just for themselves to create wealth, wealth in the U.S. for more small businesses said that not only brought. He is also the Federal Trade Commission to investigate why the company (the "FTC" is called) that would determine the main complaints of competitors.
Google has stated that a comprehensive survey of the FTC. But he added: "We hope that the survey covered, we continue to create jobs, to support product development and user satisfaction, a fair way to start . "
U.S. Senate antitrust subcommittee hearing on Wednesday afternoon, some of its competitors, Google and sent a representative to testify. The public hearings for the Senate meeting to discuss the written testimony of Schmidt.
Hearing, Google is the time of regulatory review, the United States, Europe, agreed that South Korea is facing. Anti-trust regulators, including home service would bias results, are investigating a number of competitors in the complaint from Google.
Schmidt said Google's success is said to be derived from the first company to benefit customers. "We are in the investment and innovation." He's the Google if you have done well at this point, users will switch to other services to switch between the cost of the service is zero, the user You can find them through other channels, such as, "wrote the information, and they certainly do."
Mr. Schmidt is Google's search and advertising market, hundreds of thousands of small businesses in the United States has emphasized to help launch a $ 64 billion in economic activity. He is also a travel booking site and Microsoft, Yelp review site for business, shopping sites and Facebook social networks move and eBay Amazon, and such, the testimony cited a long list of competitors. "Certainly, that choice by many users to access information." He said.
Specific to the anti-monopoly investigation in the face by Google, Schmidt said: "Most complaints are an unfortunate business rankings of Google, that several complaints from the search results, maps, through shopping, or providing There are localized to the results. The answer will affect how individual sites better. "
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