Tue. 08/06 – Google Loses In Court
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 6 August 2024
⏱️ 19 minutes
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| 0:00.0 | Welcome to the Tech Mem Right Home for Tuesday, August 6th, 2024. I'm Brian McCullough today. |
| 0:09.0 | Three big stories to catch you up on. A federal judge has ruled Google is an illegal monopoly. The Game |
| 0:14.8 | of Thrones style drama at Open AI is just getting weirder and what if all those weird |
| 0:19.5 | aquahires in all but name are actually mercy killings? Here's what you miss today in the world of |
| 0:24.5 | tech. Sometimes it just all comes in waves after weeks of sort of slow summer news days |
| 0:37.8 | lots of big stories to catch you up on today a federal judge has ruled that Google illegally monopolized the |
| 0:46.2 | search market including through deals to be the default search option on phones and |
| 0:50.7 | browsers. |
| 0:51.7 | Quoting Bloomberg, Judge Amit Meta in Washington said that the alphabet units |
| 0:57.0 | $26 billion in payments to make its search engine the default option on smartphones and web browsers |
| 1:02.4 | effectively blocked any other competitor from |
| 1:04.4 | succeeding in the market. |
| 1:06.1 | Google's distribution agreements foreclose a substantial portion of the general search services |
| 1:10.6 | market and impairs rivals opportunities to compete, Meta said in a |
| 1:14.8 | 286 page ruling. By monopolizing distribution on phones and browsers, Google has been |
| 1:20.3 | able to consistently raise the prices of online advertising without |
| 1:23.8 | consequences Meta said. The trial evidence firmly established that |
| 1:27.5 | Google's monopoly power maintained by the exclusive distribution agreements has |
| 1:31.4 | enabled Google to increase text ads prices without any meaningful |
| 1:34.4 | competitive constraint, he wrote. |
| 1:36.5 | Google said it plans to appeal the decision, quote, as this process continues, we will remain focused |
| 1:41.6 | on making products that people find helpful and easy |
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