The Department of Justice has just announced that they will file an antitrust lawsuit against Google:
BUSINESS INSIDER – The United States Department of Justice filed a heavily-anticipated antitrust lawsuit against Google Tuesday morning, kicking off the largest legal challenge that Google has ever seen.
The officials said the DOJ’s case will argue Google uses a network of illegal, exclusionary business deals which disadvantage smaller competitors.
The DOJ will also argue that Google unfairly pays smartphone manufacturers to place its apps front-and-center by pre-installing them on handsets. It pays for this using revenue from its advertising platform, the DOJ will argue.
The Journal’s sources said the filing won’t propose solutions for the alleged antitrust violations.
Josh Hawley today applauded the news:
This will be the most important antitrust suit in a generation. As the first state attorney general in the country to launch an antitrust investigation of @Google, I applaud this suit as desperately needed and long overdue. #BigTech’s free pass is over https://t.co/ivniS8xHFg
— Josh Hawley (@HawleyMO) October 20, 2020
My full statement on today’s blockbuster Department of Justice antitrust suit against @Google pic.twitter.com/gV3j4ShNNr
— Josh Hawley (@HawleyMO) October 20, 2020
Ted Cruz comments on it, saying he believes the DOJ will prevail in this case:
"Google is a monopoly and I think they have been abusing their monopoly power. It's a pattern we have seen across Big Tech. It's been getting more and more brazen," says @SenTedCruz. pic.twitter.com/2FJGb9dEBI
— Squawk Box (@SquawkCNBC) October 20, 2020