If Google’s a monopoly, who is harmed by its market power?

  • 📰 staronline
  • ⏱ Reading Time:
  • 72 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 75%

United States News News

United States United States Latest News,United States United States Headlines

And where is Boardwalk?

And it’s avoided tough government scrutiny for years based in part on the idea that people searching the internet are not Google’s true customers.

“As a consequence, countless advertisers must pay a toll to Google’s search advertising and general search text advertising monopolies,” the government wrote in Tuesday's landmark complaint, which asks a federal court to intervene to protect competition. “American consumers are forced to accept Google’s policies, privacy practices, and use of personal data; and new companies with innovative business models cannot emerge from Google’s long shadow.

Google controls about 90% of global web searches, but it holds a smaller share of the overall digital advertising market. Google’s business works by scooping up personal data from billions of people who are searching online, watching YouTube videos, following digital map routes, talking to its voice assistant or using its phone software. That data helps feed the advertising machine that has turned Google into a behemoth.

But the Justice Department argues that Google “deprives rivals of the quality, reach, and financial position necessary to mount any meaningful competition to Google’s longstanding monopolies”, and that foreclosing competition has reduced the quality of search services. Seth Kalvert, Tripadvisor’s senior vice-president and general counsel, said that the antitrust charges are good for consumers and could help preserve a vision of the internet as a place of transparency, “the wisdom of crowds” and vibrant competition.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple, Google worked as ‘one company’ on search deal, US saysThe US government’s antitrust assault against Google reveals new details about a secretive, multibillion-dollar deal between the Internet giant and Apple Inc, the world’s largest technology company. Trump has a beef against Google search, why when people search idiot... his picture comes out atop. He still couldn't let it go.
Source: staronline - 🏆 4. / 75 Read more »