The Department of Justice's antitrust case levied against Google (GOOG, GOOGL) is underway with prosecutors calling in witnesses to testify on supposed search engine monopolization. Chamber of Progress Founder and CEO Adam Kovacevich — who is a former Google U.S. policy director — reviews ways Google's practices could come under scrutiny by DOJ officials as the trial continues. 'This stage of the case is not about remedies, it's just about the Department of Justice proving its case,' Kovacevich states. 'But if the Department of Justice wins, there will be a second phase — it's about remedies. Let's say, for example, that they found that... Google shouldn't be paying Apple or Mozilla for these deals... If Apple, Mozilla still want to do those deals, but who's left to do them with? And that's Bing.'
Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.Prosecutors drop charges against Bijan Kian, a onetime business partner of Michael Flynn
FALLS CHURCH, Va. — Federal prosecutors on Monday dropped charges against Bijan Kian, a onetime business partner of former National Security Adviser Michael Flynn who had been accused of acting as an unregistered agent of the Turkish government. Monday's decision ends a five-year legal saga for Kian, whose case received significant attention when he was charged in 2018 as a spinoff from special counsel Robert Mueller’s investigation of Russian election interference.
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Explainer-Why is the US suing Google for antitrust violations?The U.S. Justice Department and a coalition of state attorneys general on Tuesday will begin a blockbuster antitrust trial in Washington, alleging that Alphabet's Google unlawfully abused its dominance in the search-engine market to maintain monopoly power. The U.S. and its state allies contend Google unlawfully stifled competition by paying billions of dollars to Apple and other business partners to ensure its search engine would be the default on most phones and web browsers. The government's lawsuit, filed in 2020 in federal court, alleges these deals were intended by Google to be 'exclusionary,' denying rivals access to search queries and clicks, and allowing Google to entrench its market dominance.
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Google on defense as landmark antitrust case kicks offthe Department of Justice and Google are heading to court today to square off in what is set to be a landmark case. The Justice Department alleges that Google (GOOGL, GOOG) broke the law and abused its power by signing deals with mobile phone and web browser companies to be the default search engine for their products. The trial's outcome could set a precedent for addressing antitrust concerns among other tech giants.
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What the Google antitrust trial could mean for the stockToday a court battle between the Justice Department and Google (GOOG, GOOGL) begins. The DOJ alleges Google negotiated deals with wireless carries and mobile phone manufacturers to be the default search engines on their browsers, and, in doing so, abused their dominance in the market. Yahoo Finance Senior Reporter Allie Garfinkle spoke with experts and analysts to find out what the trial could mean for Alphabet's stock.
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Google antitrust: DOJ cites ‘exclusionary practices’ in trialThe Department of Justice is accusing Google (GOOG, GOOGL) of breaking antitrust laws over its competitive practices against other online search engines.Boston University School of Law Professor Keith Hylton joins Yahoo Finance Live to explain today’s trial proceedings, the suit noted to be the biggest antitrust case in over 20 years.“This is a monopolization case… which means Google has taken steps that are considered and unreasonably exclusionary to avoid having to deal with competitors,” Hylton explains what DOJ officials are setting out to prove this.
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Lithium, Nickel Miners Get $110 Million Boost From US Defense DepartmentAlbemarle Corp. and Talon Metals Corp. are getting about $110 million in new US government funding to support the expansion of domestic mining of lithium and nickel, two metals critical to the nation’s energy transition.
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