Bloomberg Law
The Government's Monopoly Case Against Google
Nov 21, 2023
Guests Jennifer Rie, Anthony Sabino, and Michael Benedetti discuss the US government's monopoly case against Google, Coinbase suing the SEC, and AI lawsuits. Topics include Google's partnership with Apple, implications of the case outcome, challenges faced by the SEC in regulating crypto, and privacy concerns with generative AI.
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Quick takeaways
- Google's payments to other companies and the costs associated with maintaining its default search engine position were revealed during the antitrust case, highlighting the issue of search ads that degrade the quality of search and strengthen Google's monopoly.
- Google's default search engine position holds significant value, ensuring a seamless user experience and compelling advertisers to use Google's search results, indicating a lack of competition in the market.
Deep dives
Google's Antitrust Trial: Internal Documents as Damning Evidence
During the US government's antitrust case against Google, internal documents were introduced as evidence, revealing the company's lavish payments to ensure its search engine became the pre-selected option for internet users. The documents shed light on Google's payments to other companies, such as Apple and phone manufacturers, and the costs associated with maintaining its default search engine position. Additionally, the documents highlighted the issue of search ads that appear as search results, which the Department of Justice claims degrades the quality of search and strengthens Google's monopoly. The trial also exposed an agreement between Google and Apple to support and defend their pact against antitrust scrutiny.
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