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Google illegally maintains monopoly over internet search, judge rules

Bum

Bum

I survived. Suck it, Schrodinger.
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WASHINGTON (AP) — A judge on Monday ruled that Google's ubiquitous search engine has been illegally exploiting its dominance to squash competition and stifle innovation in a seismic decision that could shake up the internet and hobble one of the world's best-known companies.
The highly anticipated decision issued by U.S. District Judge Amit Mehta comes nearly a year after the start of a trial pitting the U.S. Justice Department against Google in the country's biggest antitrust showdown in a quarter century.


Be interesting to see how they remedy this.
 
phoenix2020 said:
Leave it to the DOJ to close the pen doors after all the cattle have escaped.

Google is facing an existential threat from OpenAI threatening to obsolete its search empire.
Click to expand...
Great way to defeat your own argument that Google is not a monopoly.

:)
 
Bum said:
WASHINGTON (AP) — A judge on Monday ruled that Google's ubiquitous search engine has been illegally exploiting its dominance to squash competition and stifle innovation in a seismic decision that could shake up the internet and hobble one of the world's best-known companies.
The highly anticipated decision issued by U.S. District Judge Amit Mehta comes nearly a year after the start of a trial pitting the U.S. Justice Department against Google in the country's biggest antitrust showdown in a quarter century.


Be interesting to see how they remedy this.
Click to expand...

Psst, the remedy is to follow your link and then scroll up ...
1722893951088.png
 
Bum said:
WASHINGTON (AP) — A judge on Monday ruled that Google's ubiquitous search engine has been illegally exploiting its dominance to squash competition and stifle innovation in a seismic decision that could shake up the internet and hobble one of the world's best-known companies.
The highly anticipated decision issued by U.S. District Judge Amit Mehta comes nearly a year after the start of a trial pitting the U.S. Justice Department against Google in the country's biggest antitrust showdown in a quarter century.


Be interesting to see how they remedy this.
Click to expand...

Yeah I would guess they would been to break up alphabet and separate Chrome, Search and AndroidOS into their own companies... but they're all kind of baked into each other so good luck with that.
 
phoenix2020 said:
Google is facing an existential threat from OpenAI threatening to obsolete its search empire.
Click to expand...
:ROFLMAO:

Did you ask chat GPT what the biggest threat to Google search as research for this comment?
 
jmotivator said:
Yeah I would guess they would been to break up alphabet and separate Chrome, Search and AndroidOS into their own companies... but they're all kind of baked into each other so good luck with that.
Click to expand...
A bit of a Gordian knot.
 
Good news for the internet!

“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," Mehta wrote in his 277-page ruling. He said Google’s dominance in the search market is evidence of its monopoly.

Google “enjoys an 89.2% share of the market for general search services, which increases to 94.9% on mobile devices,” the ruling said.

 
Bum said:
A bit of a Gordian knot.
Click to expand...

I would guess that there must have been something to show Google actively suppressing competition, since it would be weird to hit a company for being a monopoly if they gained the market through fair consumer choice.
 
Bum said:
WASHINGTON (AP) — A judge on Monday ruled that Google's ubiquitous search engine has been illegally exploiting its dominance to squash competition and stifle innovation in a seismic decision that could shake up the internet and hobble one of the world's best-known companies.
The highly anticipated decision issued by U.S. District Judge Amit Mehta comes nearly a year after the start of a trial pitting the U.S. Justice Department against Google in the country's biggest antitrust showdown in a quarter century.


Be interesting to see how they remedy this.
Click to expand...
That's nice... now what?
:LOL:
The internet would practically not exist without Google now, and no I do NOT think that is a good thing, but it is just like the government to allow monopolies form - and then bitch about it after it happens.
 
Bum said:
WASHINGTON (AP) — A judge on Monday ruled that Google's ubiquitous search engine has been illegally exploiting its dominance to squash competition and stifle innovation in a seismic decision that could shake up the internet and hobble one of the world's best-known companies.
The highly anticipated decision issued by U.S. District Judge Amit Mehta comes nearly a year after the start of a trial pitting the U.S. Justice Department against Google in the country's biggest antitrust showdown in a quarter century.


Be interesting to see how they remedy this.
Click to expand...

Good ruling. Break them up.
 
phoenix2020 said:
Leave it to the DOJ to close the pen doors after all the cattle have escaped.

Google is facing an existential threat from OpenAI threatening to obsolete its search empire.
Click to expand...

No better time to hit a giant than when it stumbles. At the time of its break-up in 1911, Standard Oil controlled roughly 64% of the United States petroleum market. Depending on how you measure, Google controls between 81-91% of the search market, and all the revenue that it generates. Maybe more people use Open AI for queries and searches, but most people still use Google.
 
In an alternate universe, Lycos won the search engine wars.
 
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phoenix2020 said:
Leave it to the DOJ to close the pen doors after all the cattle have escaped.

Google is facing an existential threat from OpenAI threatening to obsolete its search empire.
Click to expand...
Wouldn't be the first time a major industry leader thought to be unstoppable gets put in the dust bin. I remember reading in Benjamin Graham's book The Intelligent Investor, a few chapters, where he talks about that a lot. No matter how sure something seems, you just never know. All the more reason to stay diversified.

Having said that, Google may only be a few years behind OpenAI and Google has way more infrastructure & brand recognition to become competitive - LLM models have a lot of academic research behind them, so it's not like Open AI has some super secret proprietary earth shattering technology.

Google already is providing experimental AI results as part of search activity. The one advantage they have over OpenAI is that they can analyze legacy search patterns vs AI patterns to know if AI usage is even a short term threat and have the cash to act when needed.

But that's where today's ruling comes in. Can a company like OpenAI, even with $100s millions, even compete? Sure, you can be first to market, but how long can you keep losing $ before investors pull out?
 
I have become a devout DuckDuckGo fan.
 
I think people seriously underestimate how strong the economy is if we've just had such long positive job growth with rates and inflation where it's at/was. The Federal Reserve could easily slash rates by 2% pretty quickly if needed to jump start construction & long term capitalized projects
 
I generally supported google until they started tweaking search results to suit their liberal agenda. So, **** 'em'.
 
They need to break out up more tech companies beyond google.
 
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