Investi Stratix
  • Politics
  • Economy
  • Forex
  • Stock
  • Editor’s Pick
  • Politics
  • Economy
  • Forex
  • Stock
  • Editor’s Pick
No Result
View All Result
Investi Stratix
No Result
View All Result

Google search monopoly US case remedies to come by December

by
September 6, 2024
in Economy
0
Google search monopoly US case remedies to come by December

By Jody Godoy

(Reuters) -The U.S. Department of Justice plans to issue an outline by December on what Alphabet (NASDAQ:GOOGL)’s Google must do to restore competition after a judge earlier found the company illegally monopolized the market for online search, prosecutors said at a court hearing in Washington on Friday.

Prosecutors did not detail what remedy they will propose, but Justice Department attorney David Dahlquist said it should be comprehensive and take into account how Google plans to integrate artificial intelligence into search.

Since the case was brought, Google has rebranded its Bard AI product to Gemini, Dahlquist said.

“What else are they thinking about? What else is beyond that?” he said at the hearing.

Prosecutors could seek to have Google divest certain business units, such as its Android mobile device operating system, or end billions of dollars in annual payments to smartphone makers and others to ensure that its search engine is the default on devices and browsers.

Google’s attorney John Schmidtlein said at the hearing that the company needs a detailed proposal from prosecutors, and will likely seek information from Microsoft (NASDAQ:MSFT) and OpenAI to prepare any counter-argument on AI search.

Google has said it plans to appeal the judge’s ruling.

U.S. District Judge Amit Mehta said he could hold a hearing in the spring and would like to rule by next August.

This post appeared first on investing.com
Previous Post

Russia stocks higher at close of trade; MOEX Russia up 0.13%

Next Post

Hunter Biden’s tragedy and turmoil shadowed the Biden presidency

Next Post
Hunter Biden’s tragedy and turmoil shadowed the Biden presidency

Hunter Biden’s tragedy and turmoil shadowed the Biden presidency

Subscribe to InvestiStratix.com

    Popular News

    Black Sabbath’s farewell show to deliver £20M economic boost to Birmingham

    Black Sabbath’s farewell show to deliver £20M economic boost to Birmingham

    July 5, 2025
    UK government faces market jitters and political rebellion amid fiscal tensions

    UK government faces market jitters and political rebellion amid fiscal tensions

    July 5, 2025
    How billionaire Caltagirone could influence Italy’s banking M&A wave

    How billionaire Caltagirone could influence Italy’s banking M&A wave

    July 5, 2025
    June jobs data beats expectations but reveals mixed signals: here’s why

    June jobs data beats expectations but reveals mixed signals: here’s why

    July 4, 2025
    CFRA increases S&P 500 target after index hit all time high

    CFRA increases S&P 500 target after index hit all time high

    July 4, 2025

    Trending News

    Black Sabbath’s farewell show to deliver £20M economic boost to Birmingham

    Black Sabbath’s farewell show to deliver £20M economic boost to Birmingham

    July 5, 2025
    UK government faces market jitters and political rebellion amid fiscal tensions

    UK government faces market jitters and political rebellion amid fiscal tensions

    July 5, 2025

    Popular News

    • How billionaire Caltagirone could influence Italy’s banking M&A wave
      July 5, 2025
    • How billionaire Caltagirone could influence Italy’s banking M&A wave
      July 4, 2025

    About Us

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 investistratix.com | All Rights Reserved

    No Result
    View All Result
    • Politics
    • Economy
    • Forex
    • Stock
    • Editor’s Pick

    Copyright © 2025 investistratix.com | All Rights Reserved