Schmidt: Microhoo would hurt the Net
Not to put too fine a point on it, but Google doesn't want Microsoft to acquire Yahoo.
Speaking to reporters during a visit to Beijing, Google CEO Eric Schmidt said that his company "would be concerned by any kind of acquisition of Yahoo by Microsoft," according to a Reuters story published Monday.
Without citing specifics, Schmidt said his observation is based the "things that (Microsoft) has done that have been so difficult for everyone."
He added: "We would hope that anything they did would be consistent with the openness of the Internet, but I doubt it would be."
We can guess he was referring to, among other things, Microsoft's long history of antitrust battles both at home and with the European Union. The latter has continued to fine the software maker. Microsoft's intransigence on licensing prompted another EU fine, for $1.35 billion, just last month.
The irony here is that the EU's approval last week of Google's $3.1 billion purchase of ad services specialist DoubleClick has probably intensified pressure on Yahoo to consider Microsoft's offer. Microsoft's bid was initially valued at $31 a share, although informal talks said to be taking place between the two companies could reshape the terms of the proposed deal.





BTW: The EU keeps picking on Microsoft for bundling features that Apple makes a living off of. That's actually promoting number 2 over number 1, which isn't really supporting competition.
* forced OEM's to use its product by default, to the exclusion of
all others (as MSFT has done).
* built-in incompatibilities with competing products (as MSFT
has done).
* been convicted of anti-trust activities (as MSFT has done).
You also try to compare Apple to MSFT, when Apple is a
complete solution vendor (hardware + software), while MSFT is
only a software vendor.
Basically, the EU convicted MSFT of forcing influence in areas
outside of its scope.
HTH,
/P
Has anyone else had issues like this with Google?
Please see our letter to Dr. Schmidt, CEO of Google.
http://www.laserfiche.com/newsroom/pressrelease/2008/031408_google.html
Lynette Wilson
Lynette.wilson@laserfiche.com
- FUD
- by Mugunth March 17, 2008 10:50 PM PDT
- I don't understand, why this guy is spreading FUD over Microhoo. I still believe MicroHoo <<<< Google.
- Reply to this comment
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(6 Comments)Probably, Google should be afraid, only when Microsoft tries to acquire Adobe.