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Google is OFFICIALLY a monopoly #bigtech #news #comedy
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A federal court has found that Google illegally abused its market power to quash competition in internet search. The ruling hands the Justice Department its biggest victory in more than two decades in limiting the power of Big Tech companies to control and dominate the huge markets they have created.
“Google is a monopolist, and it has acted as one to maintain its monopoly,” Judge Amit P. Mehta of the U.S. District Court for the District of Columbia wrote in his judgment on Monday.
Mehta ruled that the Justice Department was right in saying that Google violated antitrust law by forging restrictive contracts with Apple and other phone makers that required them to install Google as the default search engine on smartphones. He also decried other practices of the Alphabet Inc. unit that prevented its rivals from competing on an even playing field.
“Google is a monopolist, and it has acted as one to maintain its monopoly,” Judge Amit P. Mehta of the U.S. District Court for the District of Columbia wrote in his judgment on Monday.
Mehta ruled that the Justice Department was right in saying that Google violated antitrust law by forging restrictive contracts with Apple and other phone makers that required them to install Google as the default search engine on smartphones. He also decried other practices of the Alphabet Inc. unit that prevented its rivals from competing on an even playing field.
Google is OFFICIALLY a monopoly #bigtech #news #comedy
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