U.S. Senate: Schmidt to defend google's dominance

Written by: Ria
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Washington, Sept 20: Google's executive chairman Eric Schmidt will appear before the Senate panel this week to defend Google's stand in the online search.

The online search giant is expected to argue that it is, in fact, struggling to dominate the market. More than two third of the global search market is controlled by Google Inc. According to ComScore, Google recorded 64.8 percent shares in the US search market whereas Yahoo recorded for about 16.3 percent and Bing recorded around 14.7 percent in the market.

The Internet giant will argue before the Senate Judiciary Committee's antitrust panel that Google never favored its own products, rather it is trying to provide the best-cultivated search results for its users.

In June, US Federal Trade Commission (FTC) itself investigated into the company's search results and advertising business. Google provides the best search results to its users and generates its revenue from the advertisement, which are displayed on the search result page.

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