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Breaking: Justice Department preparing to file anti-trust suit against Google
Posted on 6/27/20 at 1:10 am
Posted on 6/27/20 at 1:10 am
LINK
quote:
The suit would mark the agency’s first significant monopolization case against a major U.S. company in decades. In the late 1990s, DOJ sued Microsoft over what it called the company’s efforts to use its Windows operating system to stifle the Netscape internet browser. DOJ and states won at trial, a decision that was largely upheld on appeal, but Microsoft later reached a settlement with the government.
Europe’s primary competition authority has brought three cases against Google and imposed fines totaling about $9 billion over the search giant’s conduct. Google has filed appeals in all three cases. The U.S. Federal Trade Commission previously investigated Google over allegations that it biases search results to favor its own products. The agency closed the probe in 2013 without taking action after Google agreed to "voluntary commitments" to alter some of its practices.
9
Posted on 6/27/20 at 1:11 am to joshnorris14
Nothing will happen. It never does.
Posted on 6/27/20 at 1:15 am to Tantal
Historically the government does very well in anti-trust suits
Look at AT&T and that chain of events
Look at AT&T and that chain of events
This post was edited on 6/27/20 at 1:15 am
Posted on 6/27/20 at 1:17 am to TigerCruise
quote:
Historically the government does very well in anti-trust suits
Those companies typically throw the government enough crumbs to allow them to claim victory while they continue to fleece the public.
Posted on 6/27/20 at 1:19 am to Tantal
quote:
Those companies typically throw the government enough crumbs to allow them to claim victory while they continue to fleece the public.
Problem with antitrust cases is they can take years and even decades to actually come to a conclusion.
Posted on 6/27/20 at 1:20 am to Tantal
quote:
Nothing will happen. It never does.
You are wrong. I still remember AT&T being broken up and destroyed. Anti-trust suits usually are not won by the defendant.
Posted on 6/27/20 at 1:26 am to UAinSOUTHAL
Why does the government have such an advantage in these cases?
Posted on 6/27/20 at 1:27 am to UAinSOUTHAL
quote:
You are wrong. I still remember AT&T being broken up and destroyed. Anti-trust suits usually are not won by the defendan
Is AT&T out of business?
Posted on 6/27/20 at 1:28 am to Tantal
quote:
Is AT&T out of business?
This would take far too much time to explain. Google will help here.
This post was edited on 6/27/20 at 1:29 am
Posted on 6/27/20 at 1:29 am to Tantal
quote:
Is AT&T out of business?
No but we’re a super tanker without a rudder or Captain. Lol!
Posted on 6/27/20 at 1:29 am to Lima Whiskey
quote:
Why does the government have such an advantage in these cases?
Resources. The Federal Government can bankrupt anyone it really wants to with legal fees. At a certain point it doesn't become worth fighting.
This post was edited on 6/27/20 at 1:30 am
Posted on 6/27/20 at 1:30 am to TigerCruise
Even a company with Google’s resources?
Posted on 6/27/20 at 1:30 am to TigerCruise
quote:
Resources. The Federal Government can bankrupt anyone it really wants to with legal fees. At a certain point it doesn't become worth fighting.
Yeah, they got our money and what they can’t squeeze from us they’ll conjure. Lol!
Posted on 6/27/20 at 1:31 am to joshnorris14
Bout Damn time
Posted on 6/27/20 at 1:39 am to TigerCruise
quote:
This would take far too much time to explain. Google will help here. ?
Well, I just paid them for my cell phone, cable, and internet. They've also got their name on The Deathstar/Jerryworld, so I'm assuming that the government didn't exactly break them.
Posted on 6/27/20 at 1:41 am to joshnorris14
How will this impact Google’s stock?
Posted on 6/27/20 at 1:43 am to joshnorris14
So the government will get to pick search outlets
Posted on 6/27/20 at 2:11 am to TigerCruise
quote:
Google will help here.
Or maybe they won’t...
Posted on 6/27/20 at 2:19 am to Tantal
quote:
Is AT&T out of business?
Is AT&T still in the home phone market? Because that was what they were sued over
ATT was also suffocating the introduction of cell phones. Know anybody that has one of those? You certainly didnt before that lawsuit. So thats what happened to ATTs monopoly
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