WASHINGTON: A U.S. judge ruled on Monday that Google violated antitrust law, spending billions of dollars to create an illegal monopoly and become the...
A U.S. judge ruled on Monday that Google violated antitrust law, spending billions of dollars to create an illegal monopoly and become the world's default search engine, the first big win for federal authorities taking on Big Tech's market dominance.
“The court reaches the following conclusion: Google is a monopolist, and it has acted as one to maintain its monopoly,“ U.S. District Judge Amit Mehta, Washington, D.C., wrote. Google controls about 90% of the online search market and 95% on smartphones. Alphabet said it plans to appeal Mehta’s ruling. “This decision recognizes that Google offers the best search engine, but concludes that we shouldn’t be allowed to make it easily available,“ Google said in a statement.
“The default is extremely valuable real estate,“ Mehta wrote. “Even if a new entrant were positioned from a quality standpoint to bid for the default when an agreement expires, such a firm could compete only if it were prepared to pay partners upwards of billions of dollars in revenue share and make them whole for any revenue shortfalls resulting from the change.”
In the past four years, federal antitrust regulators have also sued Meta Platforms, Amazon.com and Apple , claiming the companies have illegally maintained monopolies. Those cases all began under the administration of former President Donald Trump.
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