US claims Google pays more than $10 billion a year to maintain its search dominance

United States News News

US claims Google pays more than $10 billion a year to maintain its search dominance
United States Latest News,United States Headlines
  • 📰 WOKVNews
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 63%

Google will confront a threat to its dominant search engine beginning when federal regulators launch an attempt to dismantle its internet empire in the biggest U.S. antitrust trial in a quarter century

Google Antitrust Showdown

Over the next 10 weeks, federal lawyers and state attorneys general will try to prove Google rigged the market in its favor by locking its search engine in as the default choice in a plethora of places and devices. U.S. District Judge Amit Mehta likely won't issue a ruling until early next year. If he decides Google broke the law, another trial will decide what steps should be taken to rein in the Mountain View, California-based company.

Dintzer said the Google “began weaponizing defaults” more than 15 years ago and cited an internal Google document calling its arrangements an “Achilles Heel” for rival search engines offered by Yahoo and MSN. Google counters that it faces a wide range of competition despite commanding about 90% of the internet search market. Its rivals, Google argues, range from search engines such as Microsoft's Bing to websites like Amazon and Yelp, where consumers can post questions about what to buy or where to go.

Today, Google’s corporate parent, Alphabet, is worth $1.7 trillion and employs 182,000 people, with most of the money coming from $224 billion in annual ad sales flowing through a network of digital services anchored by a search engine that fields billions of queries a day.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WOKVNews /  🏆 247. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US claims Google pays more than $10 billion a year to maintain its search dominanceUS claims Google pays more than $10 billion a year to maintain its search dominanceGoogle will confront a threat to its dominant search engine beginning when federal regulators launch an attempt to dismantle its internet empire in the biggest U.S. antitrust trial in a quarter cen…
Read more »

| Instacart to Target Much-Diminished Valuation Range of Under $10 Billion in IPO| Instacart to Target Much-Diminished Valuation Range of Under $10 Billion in IPOThe grocery-delivery company aims for $8.6 billion to $9.3 billion, down from $39 billion in 2021.
Read more »

| Instacart to Target Much-Diminished Valuation Range of Under $10 Billion in IPO| Instacart to Target Much-Diminished Valuation Range of Under $10 Billion in IPOThe grocery-delivery company aims for $8.6 billion to $9.3 billion, down from $39 billion in 2021.
Read more »

Instacart reportedly seeking valuation of less than $10 billion in its IPOInstacart reportedly seeking valuation of less than $10 billion in its IPOInstacart is targeting a valuation below $10 billion for its upcoming initial public offering, the Wall Street Journal reported Sunday, a far cry from the...
Read more »

Photos: Paul Anka lists his six-acre California estate for $10 millionPhotos: Paul Anka lists his six-acre California estate for $10 millionThe mansion is one of the ‘largest privately gated lots’ in Sherwood Country Club, as the listing notes, and offers mountain views.
Read more »

Seedify Raised $10 Million From LDA CapitalSeedify Raised $10 Million From LDA CapitalThe Seedify team is pleased to share it has received a $10 Million commitment of growth capital from Madrid-based LDA Capital, which has collectively executed over 250 transactions across 43 countries with transaction values of over US$11 billion
Read more »



Render Time: 2025-02-21 09:09:00