Google chairman Eric Schmidt to testify during Senate antitrust hearing

Google’s chairman and former CEO Eric Schmidt has agreed to testify before the Senate Judiciary Committee’s antitrust subcommittee, Reuters reported on Monday. On June 24th, Google announced that the Federal Trade Commission would be reviewing its business practices. The search giant said it was “still unclear” as to what the FTC’s concerns were but that it would cooperate fully with the investigation. Watchdog groups such as Fairsearch.org have repeatedly accused Google of eangaging in anti-competitive behavior. “I look forward to discussing a number of important issues relating to Google and Internet search competition,” Senator Mike Lee, the lead Republican on the Judiciary Committee’s anti-trust subcommittee said.

Read