C-Span has the archived video of the Conyers hearing on Google’s proposed ad deal with Yahoo:
House Judiciary Committee Hearing on Internet Competition
Recently, a number of transactions and potential transactions have raised anti-competitive and privacy concerns in the field of online advertising, online search, and web platform interoperability. Rep. John Conyers (D-MI) chairs a House Judiciary Antitrust & Competition Policy Task Force hearing to examine the state of competition with respect to various online markets.
It’s quite long but as a bonus it’s also quite boring. Google maintains there will be no price-fixing because ads are sold in auctions, Microsoft points out that the auctions have a floor price and a subjective quality index.
The smoking gun was produced: Google proposed this deal to Yahoo the day after Microsoft made their tender offer.
Google’s girl, Zoe Lofgren, tried to spin the old “two guys in a garage can take Google down” myth, but I doubt anyone with a room temperature IQ is buying that nonsense.
There was one wild card on the panel, the Ask The Builder guy who seemed overly fond of the sound of his own voice.
Of all the members, Issa gets it the best. And he should, because he actually started and built a successful technology business before going to Washington.
Lofgren and Conyers – what can I say without being rude?