Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Justice Department accuses Google of unfairly dominating online searches in landmark trial By: FOX Business November 16, 2023 at 12:35 PM EST The U.S. government has finished presenting its case against Google in an antitrust trial, accusing the tech giant of breaking the law to dominate online search. The U.S. government highlighted key parts of its antitrust arguments against Alphabet's Google on Thursday, wrapping up the evidentiary phase of a court battle in which it has accused the tech company of breaking the law with its tactics used to dominate online search.In the trial that started on Sept. 12 and is expected to largely end Thursday, the Justice Department is seeking to prove that Google is a monopolist and illegally abused that monopoly power to favor its own bottom line.No decision on whether to hold closing arguments, the final phase of the trial, has been made. They may be held in the spring, according to courtroom discussions about future hearings.GOOGLE’S BILLION-DOLLAR SECRET TO FORCE IPHONE OWNERS INTO USING ITS SERVICESAI GIVES GOOGLE POWER TO 'DICTATE' THE NEWS PEOPLE SEE, WHAT THEY BUY, HOW THEY VOTE, ATTORNEY CLAIMSWitnesses from Verizon, Android maker Samsung and Google itself have previously testified about the company's annual payments - $26.3 billion in 2021 - to ensure that its search is the default on smartphones and browsers and to keep its market share in the stratosphere.The final witness for the U.S., MIT economics professor Michael Whinston, argued as the hearing began that those contracts helped provide Google with market power in the search advertising market and that "Google has exercised significant market power by raising prices." Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Justice Department accuses Google of unfairly dominating online searches in landmark trial By: FOX Business November 16, 2023 at 12:35 PM EST The U.S. government has finished presenting its case against Google in an antitrust trial, accusing the tech giant of breaking the law to dominate online search. The U.S. government highlighted key parts of its antitrust arguments against Alphabet's Google on Thursday, wrapping up the evidentiary phase of a court battle in which it has accused the tech company of breaking the law with its tactics used to dominate online search.In the trial that started on Sept. 12 and is expected to largely end Thursday, the Justice Department is seeking to prove that Google is a monopolist and illegally abused that monopoly power to favor its own bottom line.No decision on whether to hold closing arguments, the final phase of the trial, has been made. They may be held in the spring, according to courtroom discussions about future hearings.GOOGLE’S BILLION-DOLLAR SECRET TO FORCE IPHONE OWNERS INTO USING ITS SERVICESAI GIVES GOOGLE POWER TO 'DICTATE' THE NEWS PEOPLE SEE, WHAT THEY BUY, HOW THEY VOTE, ATTORNEY CLAIMSWitnesses from Verizon, Android maker Samsung and Google itself have previously testified about the company's annual payments - $26.3 billion in 2021 - to ensure that its search is the default on smartphones and browsers and to keep its market share in the stratosphere.The final witness for the U.S., MIT economics professor Michael Whinston, argued as the hearing began that those contracts helped provide Google with market power in the search advertising market and that "Google has exercised significant market power by raising prices."