The Justice Department’s long-anticipated antitrust case against Google, which accuses the company of illegally monopolizing the internet search market, kicks off on Tuesday in Washington, D.C.At issue is whether parent company Alphabet has used steps to solidify its dominance of the search market in a manner that violates federal antitrust law. Google says that its overwhelming market share advantage in internet search reflects the utility of the product, rather than any nefarious behavior.
“We plan to demonstrate at trial that our Search distribution agreements reflect choices by browsers and device makers based on the quality of our services and the preferences of consumers,” Walker wrote in the blog post. “In sum, people don’t use Google because they have to—they use it because they want to.”
J.P. Morgan analyst Doug Anmuth estimates that Google will pay out close to $30 billion to search distribution partners this year, with about $20 billion of that to Apple, $8 billion to Android phone companies and carriers, and the rest to smaller browser companies.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CBSLA - 🏆 552. / 51 Read more »