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Google Prepares To Seek Respite From US Antitrust Lawsuit For Alleged Search Engine Dominance

Author: Anusuya Lahiri | April 13, 2023 07:28am

  • Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGLGoogle proposes to argue Thursday the U.S. Justice Department's alleged breach of antitrust law to build and maintain its search dominance
  • It intends to request the judge to dump the flawed allegations.
  • Google has argued in court filings that the payments are legal and revenue-sharing deals and not illegal efforts to exclude rivals, Reuters reports.
  • The lawsuit dating back to the Trump administration, will likely defend its complaint, which said that Google acts illegally in paying billions of dollars each year to smartphone makers like Apple Inc (NASDAQ:AAPL), LG Electronics Inc (OTC:LGEIY) (OTC:LGEJY), Motorola Solutions, Inc (NYSE:MSI) and Samsung Electronics Co, Ltd (OTC:SSNLF), carriers like Verizon Communications Inc (NYSE:VZ) and browsers like Mozilla to be the default search for their customers.
  • Also Read: Google's ChatGPT Gambit: Sundar Pichai Announces AI Chatbot for Search Engine
  • The case will go to trial in September.
  • Google's motion marks its latest attempt to eliminate several costly and time-consuming lawsuits from state and federal governments aimed at reining its market power.
  • The DOJ prosecuted Google in 2020 for exploiting its influence to eliminate rivals in the biggest challenge to Big Tech since it sued Microsoft Corp (NASDAQ:MSFT) for anti-competitive practices in 1998.
  • Since the DOJ filed this lawsuit, Google drew other antitrust complaints involving dominance of the digital advertising business and play store. 
  • Price Action: GOOG shares traded higher by 0.40% at $105.64 in the premarket on the last check Thursday.
  • Photo by Firmbee via Pixabay

Posted In: AAPL GOOG GOOGL LGEIY LGEJY MSFT MSI SSNLF VZ

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