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Google Analysts React To DOJ's Proposed Remedies For Search Dominance: 'We Continue To View Structural Changes As An Unlikely Outcome'

Benzinga LogoBenzinga12h ago

Google Analysts React To DOJ's Proposed Remedies For Search Dominance: 'We Continue To View Structural Changes As An Unlikely Outcome' - Benzinga

Quick Summary:

What Happened: The DOJ announced late Tuesday that it’s considering “behavioral and structural remedies” that would stop Google from using products to give Google Search an advantage over competitors.

The potential remedies come after Judge Amit Mehta ruled in August that Alphabet’s payments to make its search engine the default option on smartphone web browsers violated U.S.antitrust law by effectively blocking competition in the space.

Department of Justice confirmed this week that it’s considering taking actions to curtail Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google Search dominance.


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Article Details

Author / Journalist: Adam Eckert

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 18:11:14 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 562 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22970634

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 26 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #53

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