A US federal judge has ruled that Google spent billions of dollars on exclusive deals to maintain an illegal monopoly on search. The proceedings will now enter a second phase in which the court will determine what remedies Google needs to take. The second Google trial is set to begin next month. In one victory for Google, the judge found that it did not have monopoly power in the search advertising market as plaintiffs had alleged. Shares of Google parent Alphabet were down more than 4 per cent on Monday amid a broad sell-off in US markets.

Source: The Irish Times August 06, 2024 17:24 UTC