August 05  SEONews

Google has an illegal monopoly on search, US judge finds – Yahoo Canada Finance

By David Shepardson, Mike Scarcella

WASHINGTON (Reuters) -A U.S. judge ruled on Monday that Google violated antitrust law, spending billions of dollars to create an illegal monopoly and become the world’s default search engine, the first big win for federal authorities taking on Big Tech’s market dominance.

The ruling paves the way for a second trial to determine potential fixes, possibly including a breakup of Google parent Alphabet, which would change the landscape of the online advertising world that Google has dominated for years.

It is also a green light to aggressive U.S. antitrust enforcers prosecuting Big Tech, a sector that has been under fire from across the political spectrum.

“The court reaches the following conclusion: Google is a monopolist, and it has acted as one to maintain its monopoly,” District Judge Amit Mehta wrote. The search engine giant controls about 90% of the online search market, and 95% on smartphones.

The “remedy” phase could be lengthy, followed by…

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source: https://news.oneseocompany.com/2024/08/05/google-has-an-illegal-monopoly-on-search-us-judge-finds-yahoo-canada-finance_2024080557879.html

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