Darius Brits’ Post

🚨 A U.S. judge has ruled that Google illegally exploited its search engine dominance, stifling competition and innovation. This landmark antitrust decision could reshape the internet landscape and pose major challenges for Google. Read more: 🔗 https://bit.ly/3SDtAwg How do you think this could affect Google and other tech companies? #Antitrust #TechNews #Google #CompetitionLaw #Innovation #LegalUpdate #TechIndustry #Regulation #MarketCompetition #BigTech

Google has a monopoly. Not just another lawsuit. “After having carefully considered and weighed the witness testimony and evidence, the court reaches the following conclusion: Google is a monopolist, and it has acted as one to maintain its monopoly,” the ruling states. Perhaps not surprising as 'to google' has become a verb. But Google search has been been an exceptional product since...well, for ever, in internet terms. Unfortunate timing for Google, as they currently face competition from AI (such as SearchGPT) and a >15% share price drop in the last month. The remedy is not yet known, but breaking up the company into its constituent parts seems unlikely - how do you deal with Android and Gmail which are essentially funded by ads on Google search? In the second quarter of 2024, Google's revenue exceeded an eye-watering $84.2 billion, an increase from the $74.3 billion recorded in the same quarter of the previous year. Link below is for The Guardian - a go-to for objective tech reporting and free to access (although they appreciate contributions). But there are many other sources online...just google them. #google #monopoly #bigtech

The antitrust verdict against Google for its search engine practices raises critical concerns about market control and consumer choice. Regulators claim Google limits competition and innovation, impacting a diverse number of services available to consumers. What do you think should be done to mitigate this predicament? Share your thoughts in our comment section! #Antitrust #Google #MarketCompetition #ConsumerProtection #Innovation #Monopoly https://lnkd.in/gDK-dKyA

The Department of Justice has indicated that it is considering behavioral and structural remedies as a result of its monopoly ruling against Google. The remedies could include contract requirements and prohibitions, non-discrimination product requirements, data and interoperability requirements, and structural requirements. They may include limiting or prohibiting default agreements and other revenue-sharing arrangements related to search and search-related products. The remedies are still far from being decided - Judge Amit Mehta says he'll aim to rule on the remedies by August 2025, and an appeal by Google will likely draw out any impact for potentially years. #technology #google https://lnkd.in/gR6HnRy3

Big ruling 👀 for Google 👀 Cliff notes: 👩🏽⚖️ judge mehta ruled that 'Google is a monopolist.' saying Google has been ILLEGALLY exerting it's dominance in the search space to squash competition and therefore stifle innovation. 💻 there hasn't been a court ruling of this magnitude since the '90's when MSFT lost it's case. 🤷🏽♀️ what's next? there's no remedies issued yet, that will come likely after an appeal. some speculate it could force google to break up or mostly likely cancel big contracts. quotes that made me chuckle: Microsoft CEO said '...it's not the open web but google-web' 😂 Google's pres of global affairs; “This decision recognizes that Google offers the best search engine, but concludes that we shouldn’t be allowed to make it easily available,” 😂 what do you think? prefer google search? https://lnkd.in/eXN9BKMr

🚨 A federal court has delivered the first major antitrust ruling of the modern internet era, finding Google in violation of the Sherman Act. Key takeaways from our analysis: - Google controls ~90% of US search queries - Pays $26B+ annually for default search placement - Court identified multiple barriers to market entry - Could impact pending cases against other tech giants This 277-page decision could reshape how tech companies structure their distribution agreements and impact the future of digital competition. #TechNews #Antitrust #Google #DigitalCompetition #BusinessLaw

A U.S. court declared Google a #monopolist, ruling its practice of paying to be the default search engine breaches antitrust laws. This decision challenges Google's 90% dominance in American search queries and could lead to significant changes in the tech industry. Competitors like Apple and AI-powered search engines such as upcoming OpenAI SearchGPT may benefit, offering advanced alternatives as users reconsider their default choices. However, OpenAI must avoid monopolistic behaviors themselves to prevent regulatory scrutiny by ensuring transparency, data privacy, and fostering competition. This decision marks a major victory for the Department of Justice against #bigtech dominance. Implications for corporate boards are to proactively address compliance with antitrust and competition #laws, delicately balance and prioritize #faircompetition, ensure to #diversify #partnerships and #ecosystems, and guide their companies to #innovate. How do you ensure your business practices promote fair competition and innovation while avoiding actions from you or dependent partners that could be perceived as monopolistic? #strategy #ecosystem #innovation (https://lnkd.in/dHcPsEy6)

Google found guilty! Google lost the most important legal battle of its life a fight against the U.S. Department of Justice, started back in 2020 claiming that Google violated US antitrust law. Google with its 88% search market share and 95% on mobile search has created a monopoly. The law is to make sure that no company should maintain a clear monopoly by illegal means and with bad products. They should not hamper new innovations by killing competitors' growth through illegal means. So what does it mean for Google? Either they will break down into smaller entities or just pay some fine. What's your opinion on this judgment? https://lnkd.in/gyZhbEDm

A judge has ruled that Google violated antitrust laws to build a search engine monopoly. I remember using a variety of search engines in late 90s and early 2000s that were quite good. They were all wiped out. Now we have nothing. Duck Duck Go is just a shell around Bing (not great). Yahoo is a zombie corpse. Google killed its competition. We all know this. It was a self-evident reality awaiting a legal confirmation. Now a judge is finally confirming it. Now what? The judge is going to determine a remedy (which could include a breakup of Google or Alphabet or whatever it wants to call itself). I don't see how that will fix the fact that the search market has been destroyed by a monopoly. We need a remedy because Google's search quality has been declining precipitously for years. Meanwhile, this will be appealed, and given the partisan ideology of the appellate judiciary in the United States, particularly SCOTUS, I have some doubts that this ruling will be upheld.