The US Justice Department told a federal judge it is considering recommending that Google be forced to sell off parts of its operations to alleviate the harm caused by its monopolization of the online search market, in what would be a historic antitrust breakup.
In a court filing Tuesday, antitrust enforcers said Judge Amit Mehta could also force the Alphabet Inc. unit to provide access to the underlying data it uses to build its search results and artificial intelligence products.
The Justice Department “is considering behavioral and structural remedies that would prevent Google from using products such as Chrome, Play, and Android to advantage Google search and Google search-related products and features — including emerging search access points and features, such as artificial intelligence — over rivals or new entrants,” the agency said in the filing.
The filing represents Washington’s first push to dismantle a company for illegal monopolization since unsuccessful efforts to break up Microsoft Corp. two decades ago.
The 32-page filing lays outs a framework of potential options for the judge to consider as the case moves to the remedy phase.
https://www.bloomberg.com/news/articles/2024-10-09/us-says-it-s-weighing-google-breakup-as-remedy-in-monopoly-case
Posted by s1n0d3utscht3k
10 Comments
Google ![gif](emote|free_emotes_pack|downvote)![img](emote|t5_2th52|31226)
I’ll take YouTube.
Anyone else want anything?
I really doubt anything big comes from this in the long run but I’m guessing we will see a decent drop in price tomorrow nonetheless.
The US is breaking up with Google? What went wrong!?! They seemed like such a great couple.
I don’t understand how you couldn’t consider the AI landscape and think that they are still a Monopoly on the headwind side. I own 1 share of Google but this is devastating.
Does this go before the supreme court? The argument here is that you can’t break me up as that would cause irreparable harm. It’s not search that would concern me it is the tech that comes from search and how it feeds into any other effort they comfortably have. It would be such an asymmetric break. Breaking up Amazon makes some sort of sense and I am not suggesting that I am simply illustrating the lines of business differences. Not Google, they literally are search.
Edit: well Youtube but even then, I search for videos lol
Rip to my calls, buying puts tomorrow ![img](emote|t5_2th52|31225)
Bullish ![img](emote|t5_2th52|29637)![img](emote|t5_2th52|27189).
that could set a precedent for other big tech companies
all the big companies are monopolies in their own way, DOJ really wants to break up google so that it’s not successful anymore?I hope alibaba takes it’s place then.
Tax the rich ? In this case charge google a fine then everything will go back to normal.