CosmicTaco

Can Anyone Stop Google’s Illegal Monopoly?

CosmicTaco · 2024-08-17T11:09:56.125158+05:30

- The US Department of Justice has won a significant antitrust case against Google, labeling it a 'monopolist' in online search. - Judge Amit Mehta will now decide on remedies, which could range from restricting agreements to breaking up the company. - Google’s dominance in search, with 90% of US queries, has led to enormous revenue, making it one of the world's most valuable companies. - The European Commission has tried to curb Google’s power with limited success, despite imposing multibillion-dollar penalties. - The rise of generative AI and new search tools like OpenAI’s SearchGPT could present future challenges to Google’s dominance. Source: [FT](https://www.ft.com/content/8a1a7090-cb8b-444f-a402-66a1582600ac)

The US Department of Justice has won a significant antitrust case against Google, labeling it a 'monopolist' in online search.
Judge Amit Mehta will now decide on remedies, which could range from restricting agreements to breaking up the company.
Google’s dominance in search, with 90% of US queries, has led to enormous revenue, making it one of the world's most valuable companies.
The European Commission has tried to curb Google’s power with limited success, despite imposing multibillion-dollar penalties.
The rise of generative AI and new search tools like OpenAI’s SearchGPT could present future challenges to Google’s dominance.

Source: FT