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☆ Why the U.S. government is investigating Google
▼ + stars: | 2024-10-10 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +3 min

Google, the online search and digital ad goliath, is the first U.S. tech giant to land in federal court fighting antitrust concerns in decades. Google controls an estimated 88% of the market for general search online, according to the August opinion from Judge Mehta. And late in 2023, a jury delivered a guilty verdict against Google in a trial about business practices related to the Google Play app store. In September 2024, Epic filed an additional antitrust lawsuit against Google and Samsung, alleging that the company continued to use its monopoly power to unfairly harm competition. Watch the video above to see why the U.S. government is investigating Google.

Persons: Amit Mehta, Judge Mehta, Bing, Lee Hepner, Nikolas Guggenberger, Gene Munster Organizations: Google, U.S, District of Columbia, Justice Department, American Economic Liberties, Epic Games, Samsung, University of, Deepwater Asset Management, CNBC Locations: U.S

☆ How a Depression-era law could be used to make your booze cheaper
▼ + stars: | 2024-06-07 | by ( Matt Egan | ) edition.cnn.com time to read: +7 min

Southern Glazer’s, based in Miami and operating in 44 US states, is the largest wine and spirits distributor in the United States. Abandoned antitrust law from 1936The FTC lawsuit, previously reported by Politico, could come in the next few weeks and would rely on the Robinson-Patman Act of 1936, the source said. That Depression-era law prohibits suppliers from providing deeper discounts to large chains than to smaller stores. At the time, the antitrust law was aimed at helping smaller grocers survive when A&P and other chains dominated with lower prices. However, a person familiar with the matter said Southern Glazer’s discounts are available to all retailers where permitted by state law.

Persons: Lina Khan, Beam, Robinson, it’s, McCormick, “ It’s, It’s, hasn’t, Alden Abbott, Trump, ’, ”, Abbott, George Mason University’s, “, Patman, Ed Schwartz, Reed Smith, Lee Hepner, Hepner, Chris Jones, Jones, Schwartz, Khan Organizations: CNN, Federal Trade Commission, Southern, Biden, FTC, Politico, Walmart, Patman, RPA, Congress, American Economic Liberties, National Grocers Association, Street Competition Coalition, Southern Glazer’s Locations: Miami, United States, Southern

☆ What's next in Google's court battle with the US Justice Department?
▼ + stars: | 2023-11-16 | by ( Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | October | ) www.reuters.com time to read: +2 min

Judge Amit Mehta of the U.S. District Court for the District of Columbia will rule sometime in 2024 on whether any of Google's actions broke antitrust law. APPEALS LIKELYNo matter who prevails when Mehta issues his ruling, experts say there will be an appeal. Google's default search agreements have prevented this from happening, they say. Google may also be required to spin off its Chrome browser, which has the Google search engine as its default. Chrome has almost 60% of the computer browser market, according to the Justice Department's amended complaint filed in 2021.

Persons: Amit Mehta, Mehta, Megan Gray, Lee Hepner, Bing, Satya Nadella, Department's, Diane Bartz, Matthew Lewis Organizations: U.S . Justice Department, Google, U.S, District, Supreme, Justice Department, Apple, Android, American Economic Liberties, Thomson Locations: Columbia, Washington

☆ What to expect when Google faces the DOJ in the first major tech monopoly trial in decades
▼ + stars: | 2023-09-11 | by ( Lauren Feiner | ) www.cnbc.com time to read: +13 min

While the trial marks the tech sector's first major anti-monopoly proceeding in decades, Google is squarely in the middle of its antitrust battles. What the trial is aboutA key focus of the trial will be on two kinds of agreements Google has made with other companies. "The cases have very compatible theories, and the core message from both is that Google's monopoly power has been abused, harming competition and hurting consumers," Weiser said. Walker wrote that the abundance of places where consumers can use online search shows that Google hasn't foreclosed competition. In addition to experts like economists, expect to see Google executives called to the stand, potentially including CEO Sundar Pichai.

Persons: Sundar Pichai, Jonathan Kanter, It's, it's, Google's, Microsoft's Bing, Phil Weiser, Weiser, Elijah McClain, Aaron Ontiveroz, Bing, Global Affairs Kent Walker, Walker, Rebecca Haw Allensworth, Bill Kovacic, Tim Cook, Joe Biden, Anna Moneymaker, Allensworth, conscientiously, What's, Google's Walker, Lee Hepner, Matt Schruers, Bard, OpenAI, Schruers Organizations: US Department of Justice, Getty, Department of Justice, Microsoft, DOJ, Google, of, Apple, Microsoft's, CNBC, Aurora, MediaNews, Denver, Global Affairs, Insider Intelligence, Amazon, Vanderbilt Law School, George Washington University Law School, FTC, White House, Mozilla, American Economic Liberties, Computer & Communications Industry Association Locations: U.S, Europe, Eastern, of Virginia, Colorado, Washington , DC

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