Daniel Pereira
The Federal Ruling against Google is finally part of the tipping point, as many have been waiting for a much-needed wave of judicial and legislative activity to begin strengthening the U.S. cognitive infrastructure and cleaning up the information ecosystem. Details of the ruling can be found in this post.
tldrA federal judge said Google’s search engine deals violated antitrust laws. Those deals are big moneymakers.
Judge Amit Mehta’s ruling has triggered a potentially yearslong process to decide how to punish the company.
For users, it could mean a future in which Google isn’t front and center everywhere.
Nvidia’s market dominance has [also] begun to attract scrutiny from antitrust authorities. The semiconductor giant now faces multiple antitrust probes, raising questions about whether its acquisitions and competitive practices have been fair.
[Last week], Google lost the biggest tech antitrust lawsuit since the late 90s. The federal judge Amit Mehta said in his 277-page ruling that Google is a monopolist and that it broke U.S. antitrust laws in its quest to dominate the search engine market. That has major implications for Google’s business, potentially putting 15% of parent company Alphabet’s revenue on the chopping block.
Google’s search engine is the core of its business. Google Search made up more than half of Google’s total revenue during the second quarter. Search revenue totaled $48.5 billion; total revenue hit $84.7 billion — a 14% increase from last year, which CEO Sundar Pichai attributed mainly to the growth of Google’s search engine. In 2020, nearly 90% of all search queries went through Google. Google dominates search, and Search dominates Google.
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