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Antitrust Panel Issues Largest Ruling on Tech in 20 Years, Raising Questions of Google Breakup

Benzinga LogoBenzinga1w ago

 Antitrust Panel Issues Largest Ruling on Tech in 20 Years, Raising Questions of Google Breakup - Benzinga

Quick Summary:

Specifically, they're looking at the billions of dollars Google pays monthly to other tech companies in order to secure its place as the default search engine in Apple Inc (NASDAQ:AAPL), Samsung, LG, Motorola owned by Lenovo Group Ltd (OTC:LNVGY) and other devices as well as in browsers like Mozilla Firefox and Opera.

District Court for the District of Columbia, is expected to come up with a decision before the end of the year. 

The case was put forth by the Justice Department in 2020, together with attorneys general from 11 states, who are arguing that Google has engaged in anti-competitive practices in order to maintain its dominance in the internet search space.


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Article Details

Author / Journalist: Natan Ponieman

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-09 @ 18:21:25 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 1029 words

Reading Time: 6 minutes read

Sentences: 35 lines

Sentence Length: 30 words per sentence (average)

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

Copyright Owner: © Benzinga

News ID: 20925409

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 40 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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