Google faces closing arguments in US market power trial

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 66%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

WASHINGTON : The U.S. government will layout its antitrust case against Alphabet's Google in closing arguments on Thursday, wrapping up a trial in which the online search leader is accused of breaking the law to stay on top. The U.S.

FILE PHOTO: The Google logo is seen on the Google house at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 10, 2024. REUTERS/Steve Marcus///File PhotoWASHINGTON : The U.S. government will layout its antitrust case against Alphabet's Google in closing arguments on Thursday, wrapping up a trial in which the online search leader is accused of breaking the law to stay on top.

This case, filed by the Trump administration, was the first of five aimed at reining in the market power of tech leaders. The second, against Meta, was also filed during the Trump administration, while Biden's antitrust enforcers have followed with a second case against Google and cases against Amazon.com and Apple Inc.

Witnesses from Verizon, Android maker Samsung Electronics and Google itself testified about the company's annual payments - $26.3 billion in 2021 - to ensure that its search is the default on smartphones and browsers, and to keep its dominant market share. In turn Google has argued the government was wrong to allege it broke the law to hold onto its massive market share, saying its search engine was wildly popular because of its quality and that dissatisfied users can easily switch.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 6. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Alphabet, Microsoft shares jump as investors cheer AI investmentLONDON : Microsoft and Google showed investors that heavy artificial intelligence investment can pay off with rising revenue, allaying concerns raised a day earlier by Meta, which said its expensive foray into AI was not immediately paying off.
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »