Google Inc (NASDAQ:GOOGL) is currently facing tough scrutiny from regulators in the wake of allegations that the FTC wrongly cleared it of any wrongdoing over antitrust issues related to its search business. The fact that the search giant cannot make a bold move in terms of acquiring competition on the internet creates a perfect opportunity for other companies to cash in on its weakness. CNBC Mad Money host Jim Cramer believes this is the perfect time for Microsoft Corporation (NASDAQ:MSFT) and Yahoo! Inc. (NASDAQ:YHOO) to make a move if they want to stay relevant on the web.
Google Inc (NASDAQ:GOOGL)’s movement in acquiring competition in the internet space remains suppressed pending the outcome of the ongoing probe by the Senate Antitrust Committee
“Right Now because of all the scrutiny on Google is from regulators. Whoever else is out there Microsoft, Yahoo, Priceline Group Inc (NASDAQ:PCLN) has the chance to make a bold move that checkmates Google before it even starts to acquire, compete with these companies,” said Mr. Cramer.
There is no doubt that Google Inc (NASDAQ:GOOGL) is the king of the internet space with the ability to develop a service that can have a disruptive effect in the restaurant, hospitality, travel and entertainment industries. The search giant can develop a rival service for all this businesses or acquire competition all for the sole purpose of dominating the internet space, but not anytime soon according to Cramer.
The ongoing growth of the internet can only help restaurants, home rental, and real estate businesses. That Cramer believes present a perfect opportunity for Yahoo! Inc. (NASDAQ:YHOO) and Microsoft Corporation (NASDAQ:MSFT) to tap into as Google continues to be held back by the feds.
It would be a brilliant idea for Yahoo and Microsoft Corporation (NASDAQ:MSFT) to put all these services under one umbrella as one of the ways of improving their penetration levels on the web before Google Inc (NASDAQ:GOOGL) realizes what has hit it.
“With these move you basically be recreating an online but viral newspaper that will allow people to figure out what they want to do- stay in go out go away rent buy. The site could be both advertising and subscription supported,” said Mr. Cramer.
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