#GoogleDominance: "Then there’s its deal with Apple, which is virtually identical to what #JudgeMehta found to be the original #Apple-#Google arrangement enabling the illegal #monopolization of the #searchmarket.

Mehta’s failure to impose a remedy was permission for Google to repeat this scheme with generative AI. And now it has. This deal will ensure that Google’s artificial intelligence chatbot product will become dominant in the most important mobile ecosystem in the world. And its experience structuring #adtech markets suggest that if it mediates the entire economy, many tradition businesses will wind up like newspapers, eliminated as Google appropriates profit margins for itself and destroys the ability of consumers to differentiate products based on quality, #innovation or other values. It could be an extinction level event for many commercial areas, like the death of the #openweb, and a dramatic narrowing of consumer choice."

#AISearch #PriceFixing #Antitrust

https://www.thebignewsletter.com/p/will-google-organize-the-worlds-prices