Google Ruled to Be a Monopoly
Federal Court Finds Company Violated Antitrust Laws
Exclusive Deals and High Prices Cited as Evidence
Google has been found to be a monopoly in the online search market, according to a ruling by a US judge. The judge found that Google had violated antitrust laws by illegally maintaining its monopoly through exclusive deals with third parties and by charging high prices for search advertising.
The ruling is a major victory for the US Department of Justice, which had filed a lawsuit against Google in 2020, alleging that the company had illegally abused its market power. The judge's ruling could lead to a breakup of Google's search business or to other significant changes in the way the company operates.
Google has denied any wrongdoing and has said it will appeal the ruling. The company argues that it does not have a monopoly in the search market and that its practices are legal and competitive.
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