U.S. Judge Amit Mehta Rules Google Is A Monopolist
(Photo: Sundar Pichai, CEO, Google.)
August 5, 2024
Judge Amit P. Mehta ruled today that “Google is a monopolist, and it has acted as one to maintain its monopoly.” Mehta, 52, is a judge for the United States District Court for the District of Columbia in Washington DC.
Google, whose parent is Alphabet, has violated the anti-trust Sherman Act “by maintaining its monopoly in two product markets in the United States—general search services and general text advertising-through its exclusive distribution agreements.” Mehta stated in his 276-page judgement.
The case against Google was filed in 2020 by the U.S. Department of Justice, under President Donald Trump, along with attorney generals from 38 states and territories.
Google parent Alphabet has a market value of roughly $2 trillion. “Much of that value is due to Google's extremely profitable advertising business” noted Mehta.
TO ACCESS FULL STORY CLICK ON THIS LINK
FOR MORE UNIQUE STORIES ON INDIANS AND INDIA:
For access to stories each week subscribe via Substack,
(c) All rights reserved. Copyright under United States Laws