Google gets off easy in the most significant monopoly case since Microsoft trial
7 days ago
- #antitrust
- #monopoly
- Google was ruled a monopolist by Judge Amit Mehta for violating the Sherman Antitrust Act.
- The court barred Google from making exclusive deals with phone and browser makers to maintain default search engine status.
- Google must share some search data with competitors but not its advertising data.
- An independent oversight committee will monitor Google's compliance for six years.
- Google's stock rose 8% following the decision, seen as a win for the company.
- Google is expected to appeal the ruling, which will pause the judge's orders.