Google loses antitrust suit over search payments (NASDAQ:GOOG)

Category: Business

Google lost its antitrust suit over search, with the court ruling that it violated the Sherman Act by maintaining a monopoly in search services and text advertising through exclusive agreements. This decision marks a significant victory for the Justice Department in addressing anticompetitive practices in the tech industry.

Keywords: Google, antitrust, monopoly

Source: Seeking Alpha

Update At: 8/6/2024

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