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Google's Eric Schmidt to testify at September Senate hearing

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We have a date: Google Chairman Eric Schmidt will face a U.S. Senate antitrust subcommittee hearing Sept. 21.

The hearing, held by the Senate's Subcommittee on Antitrust, Competition Policy and Consumer Rights is officially called "The Power of Google: Serving Consumers or Threatening Competition?" and so far, the only witness announced is Schmidt, who will face questions regarding the Internet giant's dominating role in the online search market and search advertising.

The Senate announced the hearing's date and time Thursday.

Schmidt ended a 10-year run as Google's CEO in April, stepping aside for co-founder Larry Page.

Google is also dealing with an antitrust investigation conducted by the Federal Trade Commission, as well as questions from the Justice Department over its proposed purchase of AdMeld, an online advertising firm.

Google has previously said it will cooperate with federal regulators and investigators as they probe into its businesses.

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-- Nathan Olivarez-Giles

twitter.com/nateog

Photo: Google's Eric Schmidt at the World Economic Forum annual meeting in Davos, Switzerland, in January. Credit: Tomohiro Ohsumi/Bloomberg

 
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