Tag Archives: Case

In this episode of Industry Focus: Tech, Dylan Lewis and Motley Fool contributor Brian Feroldi bring you the details of the government’s antitrust lawsuit against Alphabet‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and also how Snap (NYSE:SNAP) became a market-beater. To catch full episodes of all The Motley Fool’s… Source link

After months of political grandstanding in Washington, the opening shot has finally been fired in the battle to restrain Big Tech. In a complaint against Google last week, backed by the Republican attorneys-general of 11 U.S. states, the Justice Department ended years of inaction on the part of antitrust authorities. The complaint received resounding support from the company’s opponents. It has landed at a time when there is rare bipartisan political support for action. And it reflects a… Source link

But as Lina M. Khan, a professor at Columbia Law School, argued in an influential Yale Law Journal article in 2017, price is not the only metric by which to measure anti-competitive behavior, and consumer satisfaction with a company does not prove the absence of harm. “The harm is to competition,” Tim Wu, also a professor at Columbia Law School, told The Times, “and the consumer loses as a result.” How? Hidden costs: As my colleague David Leonhardt notes, Google’s control over… Source link

Jeffrey A. Rosen, the deputy attorney general, wouldn’t normally oversee an antitrust investigation into Google. It would usually fall to the head of the Justice Department’s antitrust division. But that official, Makan Delrahim, recused himself because the company is a former legal client. So Mr. Rosen took the lead on the investigation, and on Tuesday he announced the Department of Justice’s lawsuit against Google, which accuses the company of illegally protecting its monopoly over… 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

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

WASHINGTON — The Justice Department is expected to file a lawsuit Tuesday alleging Google has been abusing its online dominance in online search to stifle competition and harm consumers, a person familiar with the matter told The Associated Press. The litigation marks the government’s most significant act to protect competition since its groundbreaking case against Microsoft more than 20 years ago. The suit could be an opening salvo ahead of other major government antitrust actions,… Source link

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Jul 30th 2020 MOUNTAIN VIEW TO GET A good look at Google, climb a barren hill in front of the online giant’s Silicon Valley headquarters—or rather, both of them. To the right lies the old HQ, a clump of low-slung office buildings ringed by dozens of similar boxes. To the left a brand-new corporate centre is rising. From outside it resembles an oversized circus tent, but the inside is still undetermined: pillars, wooden panelling and hardly any walls. The bare-bones structure is meant to… Source link