Microsoft and Google spar ahead of antitrust hearing on tech and the future of news msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Share it
So you want to launch an online retail business. Cool! Let s get started. First you ll need a website and inventory to make an online store. Now you need customers. They re out there, surely, somewhere on the internet.
To find them, chances are you re going to have to go through at least one of three giant tech companies: Google, Facebook or Amazon. Together those companies are valued at nearly $4 trillion. All three dominate key features of online commerce and the internet s current infrastructure.
EMarketer has called Google and Facebook a duopoly in online advertising, together accounting for more than 52% of the market. Amazon, with an expanding advertising arm, has a growing but still much smaller share. For many traditional and online retailers, advertising on Amazon may be a nonstarter, given that they see the e-commerce giant as a competitor. That leaves, to a large degree, Google and Facebook.
Blog
Blog
Research
Blog
17 Dec, 2020 Author Casey Egan
In what represents the third government antitrust lawsuit against Alphabet Inc. s Google LLC in two months, a bipartisan group of 38 attorneys general from across the U.S. filed suit on Dec. 17 against the online giant, alleging the company engaged in anticompetitive conduct to maintain monopoly power in specific search and advertising markets.
The lawsuit, which was filed in federal court in Washington, D.C., asks the court to enter any relief, as needed, to cure any anticompetitive harm from Google s conduct, prevent any future harm, and undo the continuing effects of past harm to competition. Among other things, the suit asks for structural divestitures as well as measurable conduct remedies.
Oct 21, 2020 4:00 AM PT
Google found itself in the crosshairs of government regulators Tuesday as the U.S. Justice Department filed a civil lawsuit against the tech giant for unlawfully maintaining a monopoly in online search services and in search advertising. This is a monumental case for the Department of Justice and, more importantly, for the American consumer, U.S. Attorney General William P. Barr said in a statement.
He explained that over the last 16 months, his agency s Antitrust Division has collected convincing evidence that Google no longer competes only on merit but instead uses its monopoly power and billions in monopoly profits to lock up key pathways to search on mobile phones, browsers, and next generation devices, depriving rivals of distribution and scale.