RE: https://bsky.app/profile/did:plc:4u3hwe3p7oy3hoy3amlw7rp2/post/3mfu4lchghc2e
Another win for stronger #antitrust enforcement. #Google found to have violated the #ShermanAct again.
https://storage.courtlistener.com/recap/gov.uscourts.vaed.533508/gov.uscourts.vaed.533508.1410.0.pdf
A federal judge has found Google liable for illegally monopolizing the publisher ad server and ad exchange markets
#Google #Antitrust #AdTech #Monopoly #TechLaw #DigitalAdvertising #ShermanAct #GoogleAds #CompetitionLaw #Regulation #BigTech #Alphabet
The U.S. Justice Department recently hauled Google into court for violating an 1890 federal law designed to forestall the unjust consolidation of economic power. Known today as the Sherman Act, this law was proposed by Ohio lawmaker John Sherman to prevent sprawling financial combines like Standard Oil from using their formidable command over the production, distribution, and sale of a good or service to bankrupt their rivals and block new entrants from the market. Though the Sherman Act is now over 100 years old, it remains a hammer in the toolkit of U S.
Worth recalling that the monopolies that developed in the 'Gilded Age' provoked antitrust and other competition legislation. Famously #standardoil was broken up under the #shermanact. So there is precedent for this !
In my blog
Enforcing long-held laws: #Google is a monopolist, violating Sherman Act s. 2
https://jackyan.com/blog/2024/08/enforcing-long-held-laws-google-is-a-monopolist-violating-sherman-act-s-2/ #law #competition #antitrust #ShermanAct
I know this is all over the place. But I have to toot this on my time line:
"Google loses massive antitrust lawsuit over its search dominance"
"Google is a monopolist, and it has acted as one to maintain its monopoly,”
US District Judge Amit Mehta wrote in Monday’s opinion. “It has violated Section 2 of the Sherman Act.”
IT FINALLY HAPPENED !!
https://edition.cnn.com/2024/08/05/business/google-loses-antitrust-lawsuit-doj/index.html
#Google #Monopoly #AntiTrust #ShermanAct #ConsumerProtection #DataProtection #DataPrivacy
Google has violated US antitrust law with its search business, a federal judge ruled Monday, handing the tech giant a staggering court defeat with the potential to reshape how millions of Americans get information online and to upend decades of dominance.