Site icon News Portal NP

Google succumbing to US regulatory pressure? – DW Oct 17, 2024

Google succumbing to US regulatory pressure? – DW Oct 17, 2024

In a historic ruling, a US federal court declared Google as a monopoly in internet search and accused it of using unfair practices to stifle competition. The ruling is praised by Ulrich Müller, who advocates for curbing corporate power. The US Department of Justice is considering various remedies, including potentially breaking up the tech giant.

Government lawyers are exploring options to restrict Google’s AI practices and halt payments to secure default search engine status. Structural changes, such as breaking up Alphabet, Google’s parent company, are also on the table. The case is expected to evolve with recommendations due in November.

In the EU, antitrust efforts against Google have resulted in fines, but little impact on the tech giant’s dominance. Google is pushing back against allegations of paying smartphone manufacturers to have its search engine pre-installed. Its market share in online advertising remains significant, with revenue primarily fueled by advertising.

Despite over 100 global competition cases, Google plans to appeal the ruling and emphasizes healthy competition from rivals. The US case may pressure Google to consider settlements, but a final decision is not expected until 2025.



Source link

Exit mobile version