Hereâ€™s a killer question for the day:
Could a combination of the two (Yahoo and Microsoft) take advantage of a PC software monopoly to unfairly limit the ability of consumers to freely access competitors’ email, IM, and Web-based services?
Thatâ€™s the agenda-laden question posted by Google senior vice president and chief legal officer David Drummond in the companyâ€™s official blog to urge policymakers to halt Microsoftâ€™s highly publicized bid to take over Yahoo!
I find it ironic since Google has been a subject of some antitrust issues for its acquisitions. Perhaps, the notion of combining the industryâ€™s 2nd and 3rd biggest players is something too intimidating. Not to mention that Yahoo and Microsoft are the no. 1 and no. 2 suppliers of email and IM services.
Microsoft retorted to the embittered online advertising giant that this acquisition will not create a dent on Googleâ€™s 75% market share in terms of Web search revenues. It will simply lead to â€œless competition on the Internetâ€ and make it a â€œcompelling number two competitor for Internet search and online advertisingâ€.
Sad emoticon for Yahoo!
Rumor has it that Yahoo feels the $31-a-share bid undervalues the company and will open up collaboration with Google just to pressure Bill Gateâ€™s empire to up the ante. An analyst estimates Yahooâ€™s share to be around $39 to $45 per share.
Iâ€™m pretty even the idea of talking with Google will make the antitrust regulators really crazy! In short, itâ€™s not a credible bluff. For now, Jerry Yang and gang are stuck between a rock and a hard place.