Google Executive Chairman Eric Schmidt is scheduled to appear before the Senate Judiciary Committee’s antitrust subcommittee today for hearings on whether Google favors its own services in search results, thus thwarting competition.
In his written testimony submitted Tuesday, Schmidt described the search giant as a company facing fierce competition from many and a creation of an open Internet where consumers can easily switch to competing services, according to the New York Times Bits blog.
A particularly interesting tidbit from that written testimony? “Schmidt will apparently claim that Microsoft’s much tinier Bing search service could catch and pass Google by next year,” according to tech blog All Things D, citing testimony obtained by Politico. The testimony apparently says: ” “Microsoft’s Bing launched in June 2009 and has grown so rapidly that some commentators have speculated that it could overtake Google as early as 2012.”
By various measures, Bing currently has about 13 to 14 percent of the search market, and Yahoo, whose search is powered by Bing, has about 16 percent. Combined, that’s still less than Google’s approximately 65 percent of the U.S. search market.
Google is facing antitrust inquiries from a variety of regulators, including state and federal, and those in Europe and Asia. Observers have drawn parallels to the antitrust hearings Microsoft faced in the 1990s.