With the buzz of the possible Microsoft takeover of Yahoo still fresh in the air, Google wasted no time in jumping in to say the deal could possibly create a monopoly which threatens “the underlying principles of the Internet: openness and innovation.” This, from Google’s chief legal counsel, prompted a quick response back from Microsoft’s chief legal counsel saying the merger will “create a more competitive marketplace by establishing a compelling number two competitor for Internet search and online advertising.”
Google’s David Drummond, Senior Vice President, Corporate Development and Chief Legal Officer, had this to say on Sunday – “The openness of the Internet is what made Google — and Yahoo! — possible. A good idea that users find useful spreads quickly. Businesses can be created around the idea. Users benefit from constant innovation. It’s what makes the Internet such an exciting place.