Well if you have not been to see the second installment of Ayn Rand's Atlas Shrugged II at the theater, I would highly recommend it. My wife and another couple went on Saturday to view it and all I can say is it is so reminiscent of what we see in our culture today, including the story of Google that is in the news. The search engine giant is spending millions of dollars on lobbying as they come under the microscope of the Federal Trade Commission.
So far, the company has spent a record $13.1 million on lobbying in 2012 in an attempt to keep federal regulators at bay with regards to antitrust allegations.
The Federal Trade Commission is nearing the end of a sweeping antitrust investigation into Google's business practices. People familiar with the case say the commissioners are leaning toward taking action against the company.
The agency is investigating whether Google manipulates its search results to ensure that its own services, such as YouTube, Google Maps and Google Shopping, appear above those of its rivals.
Google's competitors argue that the company shouldn't be allowed to use its dominant search engine — which has about a 65 percent market share — to stifle competition.
The company says there is nothing unfair about its search rankings. Even if the results did boost Google products, the company says, it wouldn’t be illegal.
I'd say that seems quite correct. It's the companies product. Why can they not also promote their own products and services like YouTube or Google Plus? There is nothing illegal about it. Other search engines are available if people want to use them.
The real issue is competitors don't think it's fair and as such have established a coalition called FairSearch.org. Microsoft is a leading member of FairSearch and contributed $1.9 million towards its lobbying efforts in the past quarter. Let me ask, doesn't Bill Gates have enough money already? Wasn't he the guy that cornered the market when it came to computer operating systems?
Now here is his company forming alliances with "green with envy" companies who want a little slice of the Google pie. Well the reality is that Bing is around, so is Yahoo and an abundance of other search providers.
I'd say that when they start producing a good product that people will use it. Until then lobbying lawmakers to cut out your competition is anti-captialism and makes me think long and hard about purchasing another Microsoft product ever again.Don't forget to Like Freedom Outpost on Facebook, Google Plus, & Twitter. You can also get Freedom Outpost delivered to your Amazon Kindle device here.