Stories
Slash Boxes
Comments

SoylentNews is people

Treasury Secretary Responds to CBS 60 Minutes Report on Google

posted by chromas on Monday May 21 2018, @11:29PM   Printer-friendly
from the Goooooooooooooooooooooooooooooooooooooooooooooooooooooooooooogle dept.

takyon writes:

Mnuchin on Google and tech monopolies: 'You have to look at the power they have'

Treasury Secretary Steve Mnuchin on Monday joined the growing chorus of government officials concerned about tech monopolies. When asked if Google is a monopoly, Mnuchin said, "These are issues that the Justice Department needs to look at seriously — not for any one company — but obviously as these technology companies have a greater and greater impact on the economy, I think that you have to look at the power they have," Mnuchin told CNBC's "Squawk Box." Mnuchin acknowledged that antitrust matters don't fall under his jurisdiction, but said someone ought to be looking.

His comments come on the heels of a "60 Minutes" segment on Google's unparalleled market share in online search. The Sunday night spot included an interview with Jeremy Stoppelman, co-founder of Yelp, which he said "would have no shot" if it were being built today.

Also at Bloomberg.

Original Submission

 
This discussion has been archived. No new comments can be posted.
Treasury Secretary Responds to CBS 60 Minutes Report on Google | Log In/Create an Account | Top | 18 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 1) by suburbanitemediocrity on Tuesday May 22 2018, @12:38AM (2 children)

    by suburbanitemediocrity (6844) on Tuesday May 22 2018, @12:38AM (#682474)

    What are searches that show different results based on the search engine. AFAIK, everything that I've ever searched for would show the same results in any SE.

    What is the tele # to bob's best autoservice in Denver?
    imx219 datasheet pdf?
    arduino mega length width mm?

  • (Score: 2) by Runaway1956 on Tuesday May 22 2018, @02:04AM (1 child)

    by Runaway1956 (2926) Subscriber Badge on Tuesday May 22 2018, @02:04AM (#682498) Journal

    Well - I copy/pasted your bob's best autoservice question into duck, then into google. The results are dramatically different - you should try it for yourself.

    Surprisingly, though, the first two results on the Google page are for yelp.com. I thought yelp was "competition" for Google.

    Of course, I have to offer a disclaimer. I probably don't see the same results that anyone else sees. My computer doesn't load googleanalytics, among others. Virtually all ad servers are blocked. Further, javascript is disabled by default on all of my browsers. It would take a bit of work for me to see what the average user might see.

    • (Score: 2) by hendrikboom on Tuesday May 22 2018, @02:18PM

      by hendrikboom (1125) Subscriber Badge on Tuesday May 22 2018, @02:18PM (#682635) Homepage Journal

      That information that Google has about you to help it find results that are relevant to you could contribute to lock-in. Or in your case, it doesn't.