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US wraps up antitrust case against Google in historic trial

Economic Times · 1y

The U.S. government concluded its arguments in the antitrust trial against Google, accusing the search giant of monopolistic practices. The trial, which began on September 12, sought to prove that Google abused its power to favor its own interests. The judge expressed uncertainty on the ruling and set closing arguments for early May. The case is one of four filed against tech leaders, including Meta, Google, and Amazon.com, aiming to curb their dominance. The government's final witness argued that Google's payments to distributors were monopoly profits. Google reported a net profit of $19.69 billion for the quarter.