Google could face trillions in fines in Texas antitrust suit

Google could face trillions in fines in Texas antitrust suit


POLITICO
Google could face trillions in fines in Texas antitrust suit
Texas and other states allege Google violated state laws against unfair or deceptive business practices, which mandate steep fines for each violation.
A person using a mobile phone walks past Google offices in New York. | Mark Lennihan/AP Photo
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Move over, Europe. Tucked in near the end of the 130-page antitrust lawsuit Texas filed against Google last week are claims that could force the search giant to pay out trillions of dollars in damages
, dwarfing previous levies against the company.
That would be a serious blow even to a company as large as Google, with its $1.16 trillion market cap. And it gives the states additional leverage to push for the company to agree to a breakup, perhaps in exchange for reduced fines.

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