Google is recognized as a monopolist in the search engine market

Google is recognized as a monopolist in the search engine market

The US Federal Court has ruled that Google is a monopolist in the search engine market. This was reported by The Wall Street Journal, citing a court ruling. The court found that Google abused its dominant position to drive out competitors.

Google paid 26 billion USD in 2021 to become the default search engine on smartphones and browsers.The next step is for the court to determine the measures to be taken against Google.

The US Department of Justice, which acted as the plaintiff, has not yet announced what sanctions it will seek.Google plans to appeal the court's decision.In parallel with this case, in January 2023, the US Department of Justice filed another lawsuit against Google, accusing the company of dominating the online advertising market.

The trial is scheduled to begin in September 2024. This court decision could have serious consequences for Google's business model and could lead to significant changes in the search engine and online advertising market.

More related articles

Marketplace Gerekli launches online installment plan and promotion with prizes
Hypermarket “Ashgabat” offers a large selection of dates
Hypermarket “Ashgabat” offers a large selection of cheeses and other fermented milk products of its own production
Digest of the main news of Turkmenistan for February 21
Top 5 reasons to start purchasing groceries at the “Ashgabat” hypermarket
“Door-to-door” courier delivery from “Turkmenpost”: advantages and features