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Judge rules Google engages in monopolistic practices...

Posted on 8/6/24 at 9:22 am
Posted by TigerGman
Center of the Universe
Member since Sep 2006
12358 posts
Posted on 8/6/24 at 9:22 am
quote:

New York
CNN

Google has violated US antitrust law with its search business, a federal judge ruled Monday, handing the tech giant a staggering court defeat with the potential to reshape how millions of Americans get information online and to upend decades of dominance.

“After having carefully considered and weighed the witness testimony and evidence, the court reaches the following conclusion: Google is a monopolist, and it has acted as one to maintain its monopoly,” US District Judge Amit Mehta wrote in Monday’s opinion. “It has violated Section 2 of the Sherman Act.”

The decision by the US District Court for the District of Columbia is a stunning rebuke of Google’s oldest and most important business. The company has spent tens of billions of dollars on exclusive contracts to secure a dominant position as the world’s default search provider on smartphones and web browsers.




LINK

The bad news for Apple and Samsung is that they get paid billions and billions by Google.
Posted by Fat Batman
Gotham City, NJ
Member since Oct 2019
1554 posts
Posted on 8/6/24 at 10:22 am to
and you staunchly oppose this ruling because, let the market decide, right?
Posted by TigerGman
Center of the Universe
Member since Sep 2006
12358 posts
Posted on 8/6/24 at 11:53 am to
quote:

and you staunchly oppose this ruling because, let the market decide, right?


Actually no opinion one way or the other yet. Not surprised by it, but need to read the ruling.

Posted by Fat Batman
Gotham City, NJ
Member since Oct 2019
1554 posts
Posted on 8/6/24 at 12:20 pm to
what about anti-trust suits being leftist attacks on business since the sitting president is a democrat, or there can't be a monopoly is there is competition, or letting the gov decide antitrust suit is a slippery slope, etc. etc.
Posted by TigerGman
Center of the Universe
Member since Sep 2006
12358 posts
Posted on 8/6/24 at 12:34 pm to
quote:

what about anti-trust suits being leftist attacks on business since the sitting president is a democrat, or there can't be a monopoly is there is competition, or letting the gov decide antitrust suit is a slippery slope, etc. etc.


Depends on if in this suit, Biden's DOJ said social stigma can be a basis for exerting an economic monopoly like they did in the Apple suit
Posted by Fat Batman
Gotham City, NJ
Member since Oct 2019
1554 posts
Posted on 8/6/24 at 12:46 pm to
cool, just wanted to assert your opinion on these matters isn't based on a universal stance, just your bias and whether or not Apple is on the receiving end. carry on.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
450289 posts
Posted on 8/6/24 at 1:30 pm to
quote:

The bad news for Apple and Samsung is that they get paid billions and billions by Google.

As I said when this first dropped, Apple is the biggest loser in this ruling.
Posted by TigerGman
Center of the Universe
Member since Sep 2006
12358 posts
Posted on 8/7/24 at 10:34 am to
quote:

As I said when this first dropped, Apple is the biggest loser in this ruling.


Google pays Apple 20 Billion a year.

A billion here, a billion there, and pretty soon you're talking about real money...
Posted by DoubleDown
New Orleans, Louisiana
Member since Oct 2008
13140 posts
Posted on 8/7/24 at 11:09 am to
This seems dumb. In 2024, any one of us has a handful+ of options to get our info or use another app or portal.
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