On Monday, a US judge declared that Google had broken antitrust rules by utilizing billions of dollars to form an unlawful monopoly and take over as the default search engine on the internet.
The country’s federal authorities, who were fighting Big Tech’s hegemony, have won a significant victory with this historic ruling. The decision allows for a retrial to explore other remedies, such as dismantling Alphabet, the parent company of Google.
Google is a Monopolist, Rules US court
Judge Amit Mehta found that Google controls about 90 per cent of the online search market and 95 per cent of the smartphone search market.
“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, Washington, DC, wrote.
The next phase could involve lengthy legal proceedings and appeals, potentially extending into 2026.
What Google said on the ruling?
Google plans to appeal, arguing that the decision unfairly targets its success.
“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.
Alphabet’s shares fell 4.5 per cent following the ruling, which comes amid broader market declines. Google advertising was 77 per cent of Alphabet’s total sales in 2023.
‘No company above the law’
US attorney general Merrick Garland hailed the ruling as a significant victory, saying that no company is above the law. The White House also welcomed the decision as a win for competition.
The case, initiated by the Donald Trump administration, marks the first major antitrust action against a major tech company in a generation. Similar lawsuits have been filed against Meta Platforms, Amazon, and Apple.
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Source: HT