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Global Perspective: Google loses search antitrust case, plans to appeal

2024-08-06

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Source: Huanqiu.com

[Global Network Financial Comprehensive Report] On August 6, according to techcrunch, the U.S. District Court for the District of Columbia recently ruled on the Google search antitrust case, determining that Google illegally maintained its monopoly position in the online search market by paying huge fees to companies such as Apple.


Image source: IC photo

Judge Amit Mehta pointed out in his ruling that Google abused its dominant market position and squeezed out competitors through unfair means, violating Section 2 of the Sherman Act. Mehta emphasized that Google's behavior not only restricted market competition, but also harmed the interests of consumers. He mentioned that in 2021 alone, Google spent $26 billion to become the default search engine on Apple and Android platforms, of which about $18 billion went to Apple.

Kent Walker, president of Google's global affairs, said the company plans to appeal the ruling. In his statement, Walker reiterated Google's view that Google is able to dominate the search market because it provides the best and most useful search engine, thereby winning the trust of consumers and advertisers. However, Walker's statement did not directly respond to the judge's accusation that Google abused its market dominance.

Since filing an antitrust lawsuit against Google in 2020, the Department of Justice and the states have been committed to breaking the monopoly of technology giants and maintaining fair competition in the market.