financetom
Business
financetom
/
Business
/
Google says it will appeal online search antitrust decision
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Google says it will appeal online search antitrust decision
May 31, 2025 8:59 AM

(Reuters) -Alphabet's Google on Saturday said it will appeal an antitrust decision under which a federal judge proposed less aggressive ways to restore online search competition than the 10-year regime suggested by antitrust enforcers

"We will wait for the Court's opinion. And we still strongly believe the Court's original decision was wrong, and look forward to our eventual appeal," Google said in a post on X.

U.S. District Judge Amit Mehta in Washington heard closing arguments on Friday at a trial on proposals to address Google's illegal monopoly in online search and related advertising.

In April, a federal judge said that Google illegally dominated two markets for online advertising technology, with the U.S. Department of Justice saying that Google should sell off at least its Google Ad Manager, which includes the company's publisher ad server and its ad exchange.

The DOJ and a coalition of states want Google to share search data and cease multibillion-dollar payments to Apple ( AAPL ) and other smartphone makers to be the default search engine on new devices.

Antitrust enforcers are concerned about how Google's search monopoly gives it an advantage in artificial intelligence products like Gemini and vice versa.

John Schmidtlein, an attorney for Google, said at the hearing that while generative AI is influencing how search looks, Google has addressed any concerns about competition in AI by no longer entering exclusive agreements with wireless carriers and smartphone makers including Samsung Electronics ( SSNLF ), leaving them free to load rival search and AI apps on new devices.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Yen hovers near 5-month low as BOJ's cautious stance weighs
Yen hovers near 5-month low as BOJ's cautious stance weighs
Dec 26, 2024
TOKYO (Reuters) -The yen hovered near a five-month low against the dollar on Friday as the U.S. Federal Reserve's hawkish messaging contrasted with the Bank of Japan's cautious approach to further policy tightening. The yen traded at 157.765 per dollar as of 0600 GMT, edging up 0.1% from Thursday, but still close to that session's low of 158.09 per dollar,...
BRIEF-Blackrock Increases Its Stake To 3.03% Of Total Voting Rights In EDPR
BRIEF-Blackrock Increases Its Stake To 3.03% Of Total Voting Rights In EDPR
Dec 26, 2024
Dec 27 (Reuters) - EDP Renovaveis SA: * SAID ON THURSDAY BLACKROCK INCREASES ITS STAKE TO 3.03% OF TOTAL VOTING RIGHTS IN EDPR Source text: https://tinyurl.com/2ue6nvte Further company coverage: (Gdansk Newsroom) ...
BRIEF-Fuji Soft Says Bain Capital's Claim That There Were Doubts Over Fairness In Our Review Process In Their Tender Offer Proposal Is 'Utterly' False
BRIEF-Fuji Soft Says Bain Capital's Claim That There Were Doubts Over Fairness In Our Review Process In Their Tender Offer Proposal Is 'Utterly' False
Dec 26, 2024
Dec 27 (Reuters) - Fuji Soft Inc: * FUJI SOFT SAYS BAIN CAPITAL'S CLAIM THAT THERE WERE DOUBTS OVER FAIRNESS IN OUR REVIEW PROCESS IN THEIR TENDER OFFER PROPOSAL IS 'UTTERLY' FALSE Source text: Further company coverage: ...
China's fast-expanding commercial space sector logs rare rocket failure
China's fast-expanding commercial space sector logs rare rocket failure
Dec 26, 2024
BEIJING (Reuters) - CAS Space, one of China's leading commercial rocket firms, said its Lijian-1 rocket unexpectedly failed on Friday, marking the first setback for the company's main launch vehicle since its inaugural flight in 2022. Until now, CAS Space, a Guangzhou-based commercial spin-off of the Chinese Academy of Sciences, had successfully launched a total of 57 satellites over five...
Copyright 2023-2026 - www.financetom.com All Rights Reserved