It seems like every other month, Google is announcing a new product in a market that it hasn't previously attempted to enter and the company's definitely not in the habit of doing things by half-measures. The words ‘Google' and ‘monopoly' have appeared alongside each other a number of times, whether it's over book deals or the company's massive slice of the search market, and it seems Google bigwig Eric Schmidt is under no illusions as to how powerful his company is. According to Business Insider, the executive chairman of Google came close to admitting that Google was a monopoly while testifying before U.S.
2DayBlog.com, Google's Schmidt admits Google is in monopoly area
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