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Submitted by Scott Cleland on Mon, 2008-06-02 15:30
Does Google warrant the current exceptional leap-of-faith in the integrity of its dominant ad auction model, given its near total lack of openness, transparency, independent auditability, or third party oversight? There is a growing body of evidence that Google does not.
Why a lack of openness sullies the integrity of Google's ad auctions.
First, it is widely accepted that public markets operate best when open and transparent.
Google's ad auction model has become one of the world's most important public markets. Google is increasingly becoming the world's primary public information broker. Google brokers:
Google is also not open or transparent.
Submitted by Scott Cleland on Fri, 2008-05-30 17:18
After I finished my "Can you trust Google to obey the rules" analysis, I realized there were past posts and examples that I could have included but didn't.
From my earlier post of 1-18-08:
"Google.org Tax Treatment?
Submitted by Scott Cleland on Wed, 2008-05-28 17:10
In monitoring Google as closely as I do, it has become increasingly clear that Google does not believe it has to obey the rules, standards, regulations and laws, that others routinely obey and respect. Google increasingly operates like a self-declared, virtual sovereign nation, largely unaccountable to the rules and mores of the rest of the world.
Is Google accountable to anyone?
First, can public shareholders hold Google accountable?
Submitted by Scott Cleland on Tue, 2008-05-27 18:53
I would be remiss if I didn't link to my own, differently spelled, www.googleopoly.net website which includes some of the most in-depth and serious analysis of Google's growing market power.
For those who wonder -- why should I care:
Submitted by Scott Cleland on Thu, 2008-05-22 18:34
Microsoft's resumed interest in Yahoo's search business, suggests that Yahoo is close to outsourcing some of its search to Google. The antitrust implications of the world's #1 and #3 online advertising competitors, Google and Microsoft, fighting over the #2 competitor, Yahoo, has finally attracted serious media attention.
Now that the antitrust implications of this issue are beginning to get heightened media scrutiny, let me lay out my case of why a new Google-Yahoo search partnership is anti-competitive collusion and not benign collaboration.
First, one must look at the competitive impact of a Google-Yahoo partnership.
Submitted by Scott Cleland on Wed, 2008-05-21 18:15
When I blogged yesterday wondering how long it would take Google to fully respond to Senate Homeland Security Chairman Lieberman's request for YouTube to pull down "Internet video content produced by terrorist organizations such as Al-Qaeda", even I didn't think Google-YouTube would respond so immediately and uncooperatively to Chairman Lieberman.
Google-YouTube's response is remarkable because the United State's final arbiter of what is constituionally-protected free speech, The United States Supreme Court, just handed down a new ruling on free speech on Monday that further limited harmful free speech in its United States v. Williams decision. That decision concerned free speech limitations involving the pandering and soliciting of child pornography.
Submitted by Scott Cleland on Tue, 2008-05-20 12:26
Given that Google began offering online personal health records to the public yesterday, I thought it would be timely and helpful to repost in its entirety a previous post of mine from February 21, 2008 on why Google being in the business of storing personal health records is a really bad joke.
Below is my 2-21-2008 post in its entirety -- if you missed it, or care about this issue, it's a online privacy must-read post:
AP reports "Google to Store Patient's Health Records." Let's count the reasons why Google storing Americans' private health records is a really bad joke.
Submitted by Scott Cleland on Tue, 2008-05-20 11:55
Senate Homeland Security Chairman Joe Lieberman "Monday called on Google to remove Internet video content produced by terrorist organizations such as Al-Qaeda. The videos – readily available on YouTube –show assassinations, deaths of U.S. soldiers and civilians, weapons training, incendiary speeches by al-Qaeda leadership, and other material intended to encourage violence against the West."
I link to this Senator Lieberman announcement because it will be telling how Google responds to this reasonable request from Homeland Security oversight authorities, given that Google is the funding patron and well recognized corporate leader of the "net neutrality" movement that has branded net neutrality as the "First Amendment of the Internet." (Never mind that the Internet has never had a constitution to amend.)
Submitted by Scott Cleland on Fri, 2008-05-16 18:21
The new 2008 Internet Advertising Revenue report just came out from the Interactive Advertising Bureau.
It has U.S. Internet advertising revenues for 2007 at $21.2b, up an impressive 26% from 2006 revenues of $16.9b, but nowhere near as impressive as Google's 56% overall revenue growth in 2007.
With the pending Google-Yahoo outsourcing pact reportedly being negotiated, I thought it might be iluminating or instructive to see what share of U.S. Internet advertising revenues Google and Yahoo each have, and what they would have on a combined basis.
At a minimum, the domination of these two players in the U.S. Internet advertising market, combined with Google's incredible momentum in taking share from all its competitors signalling powerful network effects, must concern both the DOJ and FTC.
If Google and Yahoo partner to not compete as fully as they did before... where is competition going to come from?
Submitted by Scott Cleland on Thu, 2008-05-15 11:58
With respect and affection to the memory of the late great Dr. Seuss....
Googlehoo mocks all the boo hoos over their ballyhooed Googlehoo coup.
Get a clue.
Googlehoo pooh-poohs a collusive coup between their crews.
It's no glue to screw you.
But, who knew it would be true, that Googlehoo would rue, that Justice could see through, Googlehoo's collusion boo-boo, and eventually sue?
Can we construe Mr. Icahn's Yahoo debut, and shareholder kung fu, as a rejection of the Googlehoo view?
Will Yahoo bid Googlehoo adieu, overcome the Microsoft taboo, and renew the review of the Microsoft view?