The US has a good record on fighting monopolies. Now it’s Google’s turn

The tech giant claims that no one is forced to use its search engine. All power to regulators set on proving otherwise

Sundar Pichai, chief executive of Alphabet, Google’s parent company, is a mild-mannered software engineer who is not good at games of verbal fisticuffs with US politicians. He received a drubbing last month during the “big tech” congressional hearing.

Pichai can, however, summon lawyers and lobbyists galore as soon as the game gets more serious, which it definitely has. The US Department of Justice (DoJ) last week launched a huge and historic antitrust case against Google, accusing the tech company of abusing its position to maintain an illegal monopoly over internet searches and search advertising.

Continue reading…

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.

Please Enter Your Email Address:




Your information is secure and your privacy is protected. By opting in you agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Latest

China’s billion dollar pig plan met with loathing by Argentinians

A government-sponsored plan to turbocharge Argentina's hog industry with Chinese capital is generating unprecedented resistance among its supposed beneficiaries - the Argentinian general public. Nearly...

Tree of the week: the crab apple tree that makes booze

Annie Frazer moved into her home in Minneapolis, Minnesota, a year ago and was immediately smitten with the crab apple tree that lives in...

New renewable energy capacity hit record levels in 2019

Almost three-quarters of new electricity generation capacity built in 2019 uses renewable energy, representing an all-time record. New data from the International Renewable Energy...

‘Water is sacred’: 10 visual artists reflect on the human right to water

Ten photographs marking the 10th anniversary of access to water and sanitation being declared a human right by the UN have been commissioned from...

Large areas of London to be made car-free as lockdown eased

Large areas of London are to be closed to cars and vans to allow people to walk and cycle safely as the coronavirus lockdown...