The Department of Justice (DOJ) in the US has filed a lawsuit against Google, which could potentially break-up the company.

#Google #Commission #StockMarket #USA #DOJ #Scam1992
But, why the case?

The Government alleges that Google is using unlawful tactics to maintain its dominant position in the search and online advertising market.

#DigitalMarketing #MarketingDigital #marketingtips #Scam1992TheHarshadMehtaStory
This demotivates the smaller companies to invest more in innovation and technology, thus reducing options to the consumers in terms of search options and privacy protections.

#innovation #Trending #WhatsApp #Twitter #Facebook #Amazon
So, have other companies been broken up in the US?

In 1998, Microsoft settled such a case, narrowly escaping a break-up.

However, in 1974, AT&T had to break up its telecom monopoly.

#Microsoft #Telecom #sharepocket #darurat #WritingCommunity #writer
A Brief History of Anti-Trust Cases in the US👇👇

IN 2002 -
The Justice dept won an antitrust lawsuit against Microsoft for monopolizing the online search market.

#Suits #antitrust #Online #onlineshopping #stocks #marketresearch @InvestmentTalkk
IN 2008 -

The Anti-trust body disallowed a partnership between Google and Yahoo in online advertising fearing they would comer a large ple of the market.

#advertising #adoptme #Yahoo #podcasts #FridayWithMCSoobin
IN 2010 -

Google came under the scanner of the EU for breaching its competition laws for the search and advertising businesses. It has been fined twice by the EU.

#LawAndOrder #Stock2020 #Investment #MoneyLaundering #FridayThoughts
IN 2019 -

US DoJ started an investigation into Google's compliance with antitrust laws. Later in the year, 50 states and territories jointly launched an investigation into Google's potential monopolistic behaviour

#investigation #investing #podcaster #finance #Markets
IN 2020 -

Top CEOs of the tech industry faced heated questions from the Congress on the backdrop of breaching Anti-trust laws.

#Nifty #banking #banknifty #CEO #QOTD
Could the Competition Commission in India be so stringent?

And, any company in India that could face such a fortune in the future?

Comment below to tell the Answer 👇

#Thread #theCUBE #ComingSoon #MoneyLaundering #FridayVibes
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