4.6 • 6K Ratings
🗓️ 6 September 2024
⏱️ 23 minutes
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0:00.0 | When I got Bloomberg antitrust reporter Leah Nylin on the line, I had a question about |
0:10.5 | Google CEO. |
0:11.5 | Leah, do you think Sundar Pishai has had a relaxing August? |
0:18.0 | No. |
0:20.0 | How do you think he might describe the past month? |
0:23.2 | Well, probably not good. |
0:24.8 | I mean, right at the beginning of August, there was a decision finding that Google is a monopoly. |
0:31.3 | A monopoly in their main business, internet search. |
0:35.0 | The news of that decision broke on August 5th. |
0:38.0 | Federal judge in Washington declared yesterday that Google has been operating as an illegal |
0:42.1 | monopoly violating US antitrust laws. that Google has been operating as an illegal monopoly |
0:43.2 | violating US antitrust laws. |
0:46.1 | This was very much not the outcome that Google was hoping for. |
0:50.2 | Now Google faces a different trial with the US government about its ad business. |
0:55.0 | That starts next week. |
0:57.0 | The Justice Department alleges that Google broke antitrust law and monopolized the digital advertising business. |
1:04.0 | There are some people who think the search case is bigger, but this one is also about |
1:07.2 | advertising and that's where they get all of the money. |
1:10.5 | In this one they have specifically said they want to break up so if they lose this one the |
1:16.4 | company is going to be broken up so it is pretty major for them. Today on the show, U.S. v. Google. |
1:29.0 | Again. |
1:30.0 | The stakes could not be higher for Google and for one of the main business models of the internet. |
... |
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