U.S. Accuses Google of Illegally Protecting Monopoly - News Summed Up

U.S. Accuses Google of Illegally Protecting Monopoly


The Justice Department did not immediately put forward remedies, such as selling off parts of the company or unwinding business contracts, in the lawsuit. Google has long denied accusations of antitrust violations, and the company is expected to fight the government’s efforts by using its global network of lawyers, economists and lobbyists. Alphabet, valued at $1.04 trillion and with cash reserves of $120 billion, has fought similar antitrust lawsuits in Europe. The company says it has strong competition in the search market, with more people finding information on sites like Amazon. “People use Google because they choose to, not because they’re forced to, or because they can’t find alternatives,” Kent Walker, the company’s chief legal officer, said in a blog post.


Source: New York Times October 20, 2020 12:22 UTC



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