Google Inc., owner of the world’s most popular search engine, isn’t “dominant” in Internet search and competes against companies such as Facebook Inc., Apple Inc. and Microsoft Corp., Chairman Eric Schmidt said in a written response to lawmakers’ questions. Schmidt submitted his comments to address follow-up questions from lawmakers after a Sept. 21 hearing where he conceded that Google fits one of the legal criteria used to determine whether a company has enough market share, or monopoly power, to quash competition.
- Read the article: Bloomberg
