Investors Expect Google to Reach 100 Percent Search Monopoly
November 20th, 2007
by
Brett Bumeter
by
Brett Bumeter
Google has been attacking publishers for the last couple months. The attacks are coming as a result of an advertising industry that helps web site owners advertise in search engine ranking placements (SERP).
Google has a growing monopoly in search some investors think they may hit a 100% monopoly level soon. That could send their stock up to $900 per share or better.
The EU is looking into Google’s monopoly in light of their acquisition of DoubleClick, but no one is looking at their anti-trust behavior as they attack other advertising companies for doing the same type of advertising that they do.
If you want to watch the full interview, CNBC have it posted here - http://www.cnbc.com/id/15840232?video=597201600&play=1
Also, a story about the reaction from that interview here - http://www.cnbc.com/id/21903173/for/cnbc/
Sephyroth