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US wraps up antitrust case against Google in historic trial

Economic Times

Economic Times · 1y ago

US wraps up antitrust case against Google in historic trial

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.

Related News

As Google’s antitrust trial wraps, DOJ seeks sanctions over missing messages

The Verge

The Verge · 1y ago

As Google’s antitrust trial wraps, DOJ seeks sanctions over missing messages

Closing arguments took place on Friday in the landmark trial against Google's alleged anticompetitive conduct in the general search and search advertising markets. The US Department of Justice is attempting to demonstrate that Google locked up key distribution channels to prevent potential rivals from becoming significant threats, while Google argues it has won with a superior product. Judge Amit Mehta acknowledged the significance of the case, including the issue of document retention, and is expected to make a ruling in the coming months. The outcome could have implications not only for Google but also for the public.

Big tech braces for wave of antitrust rulings in 2024

Livemint

Livemint · 1y ago

Big tech braces for wave of antitrust rulings in 2024

U.S. antitrust cases against tech giants Google and Meta Platforms are expected to reach a critical point in 2024, as the rulings could shape the legacy of top Biden administration regulators. Significant cases include the ongoing trial against Google, alleging its search engine is an unlawful monopoly, and another trial against Google over claims of being an illegal monopolist in the ad tech market. Additionally, the Federal Trade Commission's antitrust case against Meta Platforms, formerly Facebook, could also reach a judgment this year. Overall, 2024 could be a significant year for antitrust enforcement.

U.S court pressures Google and Apple, cites Microsoft’s Antitrust case: Details

Livemint

Livemint · 1y ago

U.S court pressures Google and Apple, cites Microsoft’s Antitrust case: Details

The recent antitrust cases against Google and Apple by the U.S. Justice Department bring back memories of the historic legal battle against Microsoft in the late 90s. Regulators suggest that the intervention against Microsoft enabled the rise of Google and Apple to their current dominant positions. The cases against Google and Apple draw parallels to Microsoft's antitrust saga, emphasizing the need to restore competition for innovation and prevention of new monopolies. The outcome of the Microsoft case showcases the potential for companies to reinvent themselves after regulatory intervention. Historically, antitrust lawsuits have led to technological revolutions and economic growth.

Google trial wraps up as judge weighs landmark US antitrust claims

Economic Times

Economic Times · 1y ago

Google trial wraps up as judge weighs landmark US antitrust claims

The closing arguments were presented in the case between Google and the US Justice Department, which alleges that Google unlawfully dominates web search and advertising. The court focused on whether competitive platforms like TikTok, Facebook, and Instagram could be considered substitutes for search advertising dollars. US District Judge Amit Mehta will now make a decision on whether Google's conduct violated antitrust law. The government argued that Google's advertising revenue drives its monopoly power, while Google claimed it faces competition and continuously innovates its advertising products. The case is part of a broader effort to restrain the market power of tech giants.

The Google antitrust trial is really about the future of AI

Economic Times

Economic Times · 1y ago

The Google antitrust trial is really about the future of AI

The Google antitrust trial is not just about the past deals made by the company, but about the future of tech competition. The verdict will establish rules for the next decade, determining the battle over commercialized artificial intelligence and other yet-to-be-imagined technologies. Historical antitrust cases show that breaking up monopolies can spark innovation and open up markets. If the trial against Google is decided correctly, it could benefit the entire tech industry and the US economy. The focus should be on rebalancing economic power and creating opportunities for the next generation of technologists.

Google’s App Store Power Goes on Trial

Livemint

Livemint · 1y ago

Google’s App Store Power Goes on Trial

Google is facing another legal battle as a San Francisco jury begins hearing arguments from Epic Games, the maker of Fortnite, that Google used its dominant position to extract excess profits from app developers. The trial focuses on Google's role as a gatekeeper on mobile devices and its agreements with Android manufacturers. This case follows Epic's previous courtroom battle against Apple. Google is also dealing with a landmark antitrust case and a Justice Department lawsuit targeting its advertising technology business. The outcome of the trial could impact Google's position in the digital economy.

Google has an illegal monopoly on search, US judge finds

Economic Times

Economic Times · 1y ago

Google has an illegal monopoly on search, US judge finds

A US judge has ruled that Google violated antitrust laws by creating an illegal monopoly as the default search engine. This marks a significant victory for federal authorities in their fight against Big Tech's market dominance. The ruling opens the path for a second trial to determine potential remedies, including the possibility of breaking up Google's parent company, Alphabet. The case highlights the growing scrutiny on the power of tech giants, with Google controlling around 90% of the online search market and 95% on smartphones. The legal battle could continue for several years with potential appeals.

ETtech Explainer: Google’s second big antitrust trial in US

Economic Times

Economic Times · 11m ago

ETtech Explainer: Google’s second big antitrust trial in US

The US Department of Justice (DoJ) is set to face Google in its second major antitrust trial, focused on the tech giant's monetization strategies for advertising. The DoJ argues that Google's practices are unfairly harming the industry. This trial is part of a broader push by President Biden's administration to regulate Big Tech using antitrust laws. The case follows a recent ruling that found Google had illegally monopolized online search. The trial will center on Google's adtech business, which accounts for the majority of its revenue, and the DoJ's claims that the company has engaged in monopolistic behavior.

Why is the US suing Google for antitrust violations?

Economic Times

Economic Times · 1y ago

Why is the US suing Google for antitrust violations?

The US Justice Department and state attorneys general are launching an antitrust trial against Alphabet's Google, alleging it unlawfully maintained monopoly power in the search-engine market. The government argues that Google's deals, paying billions to business partners like Apple to make its search engine the default, were exclusionary and stifled competition. Google contends these deals were legitimate and didn't prevent rivals from developing their search engines. The case, which could impact Google's business practices, is seen as a major challenge to tech industry power, similar to the DOJ's 1998 lawsuit against Microsoft.

Google’s breakup is starting to get priced in

Livemint

Livemint · 11m ago

Google’s breakup is starting to get priced in

Investors are increasingly expecting the possibility of the federal government breaking up Google, as the trial for the second antitrust case against the company begins. The trial challenges Google's dominance in the ad-tech industry, with the government seeking an order for the company to divest its ad-tech services. While threats of government crackdowns have not significantly impacted big tech companies' business momentum or investor appeal so far, Google's parent company, Alphabet, has experienced a drop in stock price. Analysts have expressed caution and uncertainty regarding Google's regulatory challenges and the outcome of the trial.

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