Judge Rules ‘Google Is a Monopolist’

The Journal.

The Wall Street Journal

Daily News, Business News, News

4.2 • 5.3K Ratings

🗓️ 7 August 2024

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In a historic decision this week, a federal judge ruled that Google acted to illegally maintain a monopoly in online search. The case was the first of several antitrust lawsuits the U.S. government has brought against some of the nation’s leading tech companies, and the ruling marks a major victory for its efforts to reign in big tech. WSJ’s Miles Kruppa explains how this decision could shake up Google’s business and potentially change how we search the internet. Further Reading: -Google’s Antitrust Loss Set to Reshape Search and Mobile Industries -Google Loses Antitrust Case Over Search-Engine Dominance Further Listening: -Why the DOJ Is Suing Google Again Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This week a landmark ruling is shaking up big tech.
0:09.0	Breaking news this hour, a federal judge has just ruled against Google in a massive
0:15.1	Google was found in violation of US monopoly laws by a judge in DC.
0:22.6	Our colleague Miles Krupa covers Google from San Francisco.
0:26.4	The judge in his decision, he wrote pretty straightforwardly,
0:31.0	quote, Google is a monopolist and it has acted as one to maintain its monopoly.
0:36.7	Google is in violation of antitrust laws.
0:39.3	Google created an illegal monopoly to become the world's default search engine.
0:44.4	Today's ruling could upend how Americans get their information online and
0:48.6	fundamentally change the way that big tech companies operate.
0:51.8	This is a huge win for the 38 states and territories
0:54.1	that were on this suit.
0:55.4	Now Google vows to appeal.
0:58.6	The Justice Department and State Attorneys General
1:00.8	from across the country
1:02.4	went after Google's biggest moneymaker, its search engine.
1:07.0	And this week's ruling raises questions about what's next for Google and the way we use the internet.
1:16.0	Welcome to the journal or show about money, business and power.
1:20.0	I'm Jessica Mendoza.
1:22.0	It's Wednesday, August 7th.
1:24.0	Coming up on the show, a historic ruling against Google. Mom, Dad,
1:43.2	Dad, Can Miracle Out, James Come Round. Can we have Tiger Why?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.