The U.S. government has hammered away at Google in a trial that started Sept. 12, arguing Google is a monopolist and illegally abused its power to favour its bottom line
The U.S. government will layout its antitrust case against Alphabet’s Google in closing arguments on Thursday, wrapping up a trial in which the online search leader is accused of breaking the law to stay on top.
This case, filed by the Trump administration, was the first of five aimed at reining in the market power of tech leaders. The second, against Meta, was also filed during the Trump administration, while Biden’s antitrust enforcers have followed with a second case against Google and cases against Amazon.com and Apple Inc.
Witnesses from Verizon, Android maker Samsung Electronics and Google itself testified about the company’s annual payments – $26.3-billion in 2021 – to ensure that its search is the default on smartphones and browsers, and to keep its dominant market share.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cain Velasquez Attempted Murder Trial Scheduled for Sept. 9Former UFC heavyweight champion Cain Velasquez will go to trial in September.
Read more »
Google Seeks to Throw Out Ad Tech Antitrust Case Before TrialAlphabet Inc.’s Google asked a judge to toss the Justice Department’s lawsuit accusing it of monopolizing the technology used to buy and sell online advertising, arguing that the agency fabricated a market for the litigation but still failed to show that the tech giant controls at least 70% of it.
Read more »
Fed seen on track for Sept start to US rate cutsThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
ONE 168 Adds Grappling Title Bout, Muay Thai Clash to Sept. 6 Card in DenverThe lineup for ONE Championship’s return to the United States continues to grow, as the Singapore-based promotion has announced the addition of two new matchups to the Sept. 6 card.
Read more »
Entain Chair Barry Gibson to step down by Sept-endExplore stories from Atlantic Canada.
Read more »
Google’s Payments to Apple Reached $20 Billion in 2022, Antitrust Court Documents ShowAlphabet Inc. paid Apple Inc. $20 billion in 2022 for Google to be the default search engine in the Safari browser, according to newly unsealed court documents in the Justice Department’s antitrust lawsuit against Google.
Read more »