A number of foreign publications carried the news recently that the US Department of Justice and the FTC Federal Trade Commission will launch a new round of anti-monopoly investigations on Google. After the two sides negotiated, the Ministry of Justice will eventually come up with a focus on whether Google’s search and other businesses involve monopoly issues. Google Antitrust investigation has been going on since quite some time now!
Google’s revenue in 2018 was 136.8 billion US dollars. The parent company’s Alphabet market value ranks TOP 5 in the world, accounting for at least 70% of the global search engine market. 85% of its revenue comes from advertising, which has great influence in the world and in the United States.
This is not the first time the US government has investigated Google’s monopoly. In 2011, the FTC accused Google of tracking cookies in Apple’s Safari browser and fined $ 22.5 million. In 2013, the FTC launched a larger antitrust investigation, but ultimately it did not penalize Google.
Google Antitrust Investigation: Further details!
Outside the United States, the EU has repeatedly issued large fines for Google’s monopolistic behaviour. In 2010, Google was fined $ 2.7 billion by the EU for antitrust complaints about shopping search results and ad rankings. In 2016, Google was fined $ 5.1 billion by the European Union for its antitrust lawsuit against Android.
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At present, the US Department of Justice and Google have not responded to the anti-monopoly investigation.
So guys what do you think? Does Google deserve a softer stance from the US Government? Or should they make them realize how their moves are anti-competition? Do let us know what you think in the comments section below!
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