Obama's antitrust pick: Microsoft 'so last century,' Google troubling |
Register here for our next TechFlash Live networking event, March 23, featuring an expert panel discussing the future of online advertising.
Christine Varney
Bloomberg News has dug up an interesting one: Christine Varney, nominated by President Obama to be the next U.S. antitrust chief, last year singled out Google -- not Microsoft -- as especially worthy of government scrutiny.
"For me, Microsoft is so last century," Varney said at an American Antitrust Institute conference. "They are not the problem."
Wow. Now there's a zinger. The people in Microsoft's legal department are probably loving it. The Windows team? Um, not so much. In any event, that snippet from Bloomberg merely whets the appetite and makes a nerd like me want to read everything Varney said on the subject. So I found the audio file on the AAI site and transcribed the whole passage. Enjoy.
"If any of my colleagues or friends from Google, or who represent Google, are here, I invite you to jump up and scream and yell at me. For me, Microsoft is so last century. They are not the problem. I think we’re going to continually to see a problem, potentially, with Google, who I think so far has acquired a monopoly in Internet online advertising lawfully. I do not think they have done anything other than be a spectacular, innovative company. I’m deeply troubled by their acquisition of DoubleClick, and I’m deeply troubled by their deal with Yahoo. I submit to you that this administration, although they may open a investigation or a review of the Google-Yahoo deal, will do nothing. I think this is a classic area to explore, how do you apply Section 2 in a highly innovative, highly networked, not terribly competitive environment."
As it happens, Varney was wrong in predicting that the Bush administration would let the Google-Yahoo deal go unopposed. Google walked away from the agreement after it became clear that the Justice Department was poised to fight it in court.
But her comments make it pretty clear which company she believes deserves the closer scrutiny nowadays.
Bloomberg quotes a White House spokesman saying that Obama nominated Varney “to vigorously enforce the law” and “is confident that she can do so in a fact-specific and evenhanded way with every matter she will face.”
Access the full audio on this AIA page. (Choose the third link from the bottom, the panel on Section 2 of the Sherman Act.) Read Varney's online bio here.
Todd Bishop is co-founder and managing editor of TechFlash. He has covered Microsoft and the technology industry for more than five years, most recently as a daily newspaper reporter and blogger based in Seattle.
READ FULL BIOGRAPHYTechnology Tax Planning – Did You Take The Deduction?
Technology companies require professional advisors who can assist in all aspects of the business. The BDO Technology Practice provides a full range of services tailored to help address the changing needs of domestic and international companies. In addition to core audit and tax services, BDO professionals can assist technology companies with:
· Revenue recognition
· Business combination accounting
· R&D tax credits
· Compensation and benefits
· Business valuations
Backed by 38 national offices and an international network in 110 countries, we have the domestic and global footprint to serve growing technology companies. Contact sphilpott@bdo.com (audit partner), mreeves@bdo.com (audit partner), psmith@bdo.com (tax partner), tzambito@bdovaluation.us.com (valuation), tfiscus@bdo.com, Director, 206.624.2020
Join the Microsoft WebsiteSpark program and get software, support and visibility – at no upfront cost. You’ll benefit from fast and easy access to current Microsoft development tools, platform technology and server products including Visual Studio, Expression Studio, Silverlight, Windows Web Server 2008 and SQL Server 2008 Web.
Seattle-based Adhost is a WebsiteSpark hosting partner providing dedicated servers with free Windows Web Server 2008 and SQL Server 2008 licensing for three years to Web developers enrolled in WebsiteSpark. Servers are located in our secure data center with SAS 70 Type II certification, 24x7 technical support and 24x7 client access.