Google Rips Apart News Corp Letter, But One Point Is Missing

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Mark Melin
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Updated on

Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) is making Rupert Murdoch, the controversial publishing scion, the strategic focus of a dispute between the search engine, European publishers and regulators. Google tears News Corp’s letter In a blog post titled “Dear Rupert,” Google tears apart a letter from News Corp (NASDAQ:NWSA) Chief Executive Robert Thompson to EU competition commissioner Joaquín Almunia that criticized Google for manipulating search engine results, accusing Google of being a monopoly and indexing publishers low in the search engine rankings. But in its response Google doesn’t directly deny that it punishes major news content creators in its search algorithms. As reported last week…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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