- cross-posted to:
- economics
- cross-posted to:
- economics
Google violated antitrust laws as it built an internet search empire, a federal judge ruled on Monday in a decision that could have major implications for the way people interact with the internet.
Judge Amit Mehta found that Google violated section 2 of the Sherman Act, a US antitrust law. His decision states that Google maintained a monopoly over search services and advertising.
“After having carefully considered and weighed the witness testimony and evidence, the court reaches the following conclusion: Google is a monopolist, and it has acted as one to maintain its monopoly,” the ruling states.
The ruling is one of the largest antitrust decisions in decades, capping off a case that pitted the justice department against one of the world’s most valuable companies. It was also part of a broader push in recent years from the Department of Justice and Federal Trade Commission, as well as European regulators, to scrutinize big tech companies for allegedly monopolistic practices.There was no jury in the trial, which began in September of last year before taking a long hiatus for Mehta to consider a ruling. Closing arguments wrapped up in the first week of May, with Mehta concluding the trial by stating that he was aware of the gravity of the case for both Google and the public.
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Any bets on penalties?
10k Lemmy Bucks says that Google won’t be fined but will have to agree and make active changes to how they do things for the next two years.
A mmmillion dollars?