Google blow: According to the Court Google “It deliberately maintains a monopolistic position” on the market sales of ads on independent websitesthus harming advertisers, publishers and Internet users. As CNBC emphasizes, “this opens the path to American antitrust prosecutors to apply for the division of the company's advertising products“.
Google shares down: After judgment Federal Court The actions of the technological giant went down. Initially, they fell by 2.9 percent, at the moment Google is in the minus of about 0.70 percent. The court's decision in Virginia opens the way to the next hearing to determine, What Google must do to restore competition. Maybe business She will have to sell the entire department related to advertising technology or part of it. This is not the end of trouble. Let us remind you that last year the American court recognized Google for a monopolist on the search engine market.
Further problems: This, in turn, opened the way to the next court case in order to determine potential solutions. According to CNBC, “Google is now facing that two US courts will order him to sell assets or change business practices.” “The judge in Washington will conduct a trial next week regarding the application of the Department of Justice for ordering Google to sell Chrome browser and take other means to end the dominance of online search” – we read.
Google is appealing: Lee-Anne Mulholland, Vice President of Google's regulatory The company will appeal from the Thursday court decision. – Publishers have many options and choose Google, because our advertising technology tools are simple, inexpensive and effective – he argues.
See also: Free artificial intelligence. More in the text “An unexpected gift from Google. The latest AI model for free”.
Sources: CNBC