Google pushes back against merger criticism
Harrison took issue with several of Pealstein’s statements, particularly those that presented Google’s purchases as negative for consumers. He pointed out several other firms that have made acquisitions in order to enter new markets and said the existing laws have worked to ensure competition and consumers aren’t harmed.
In addition, Harrison said antitrust laws are designed to protect consumers, not competing companies, and that mergers are generally good for the economy. He also argued competitors such as Facebook and Microsoft have the ability to compete to purchase smaller firms and have often done so in the past.