Tag Archives: antitrust

That search dominance is now being targeted by the US Department of Justice, which on Tuesday filed a lawsuit against Google in one of the most significant ever antitrust cases against a tech company. It’s unclear what consequences the tech giant may face, but US Deputy Attorney General Jeffrey Rosen said on a call with reporters that “nothing is off the table.” But if reining in the Google search juggernaut is the goal, the big question is: Will anything on the table be enough? The numbers… Source link

After being hit Tuesday with the most significant monopoly-related charges to be filed in the US in decades, Google has a long road ahead in its quest to prove it does not unfairly dominate the online search engine space. Google was accused in the long-expected lawsuit of harming competition in internet search and search advertising through distribution agreements – contracts in which Google pays other companies millions of dollars to prioritize its search engine in their products – and… Source link

LONDON (AP) — The U.S. antitrust crackdown on Google might seem like deja vu for European Union regulators. By U.S. standards, the Justice Department’s move to sue Google this week for abusing its dominance in online search and advertising was a bold move. But it treads on ground already broken years before by EU officials in Brussels. Veterans of Europe’s antitrust tech battles welcomed the U.S. investigation and said American authorities should learn from the bloc’s… Source link

On Tuesday, the Department of Justice filed an antitrust case against Google. This is the most significant antitrust case filed since the government suit against Microsoft in 1998, and it also ranks with the most important antitrust suits of all time, including Standard Oil and AT&T. The move by a conservative Republican administration to take on one of the largest companies in the world is a repudiation of the libertarian ideology that has dominated American politics since the 1980s.

The Department of Justice’s lawsuit against Google is big, complicated and could take years to resolve. Today’s DealBook newsletter addresses five questions that arise from the government’s action: Why now? A better question might be, “This again?” The Federal Trade Commission conducted a two-year antitrust investigation into Google under President Barack Obama, which went nowhere. Bill Barr, the attorney general, pushed hard to bring this new case before the Nov. 3 presidential… Source link

This Nov. 17 and 18, DealBook opens its doors to our first Online Summit. Join us as we welcome the most consequential newsmakers in business, policy and culture to explore the pivotal questions of the moment — and the future. Watch from anywhere in the world, free of charge. Register now. What you need to know about the Google case The Department of Justice has filed its long-awaited antitrust lawsuit against Google, “the government’s most significant legal challenge to a tech… Source link

OAKLAND, Calif. — When Sundar Pichai succeeded Larry Page as the head of Google’s parent company in December, he was handed a bag of problems: Shareholders had sued the company, Alphabet, over big financial packages handed to executives accused of misconduct. An admired office culture was fraying. Most of all, antitrust regulators were circling. On Tuesday, the Justice Department accused Google of being “a monopoly gatekeeper of the internet,” one that uses anticompetitive tactics to… Source link

Google faces a big antitrust suit, Amazon offers to pay customers for shopping data and we review the iPhone 12. This is your Daily Crunch for October 20, 2020. The big story: DOJ files antitrust suit against Google The suit accuses Google of “unlawfully maintaining monopolies in the markets for general search services, search advertising, and general search text advertising in the United States.” It’s co-signed by 11 states, all with Republican attorneys general — Texas,… Source link

… Source link

Sign up for The Brief, our daily newsletter that keeps readers up to speed on the most essential Texas news. Texas joined the Trump administration’s lawsuit against Google, accusing the tech giant of monopolizing the search engine market and controlling how online ads are bought and sold, according to the suit filed Tuesday morning. Attorney General Ken Paxton said in a statement that the multibillion-dollar company engaged in anti-competitive and… Source link