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Why is Greenlam Industries Limited (GREENLAM) falling ✌️【Trading Tools】✌️ Free real-time stock data analysis to help you capture global market trends and steadily grow your capital. The US government formally proposed a partial breakup of Google on Wednesday, urging a federal judge to force a sale of the company’s Chrome web browser after alandmark ruling this yearfound that Google had violated US antitrust law with its search business.
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If approved, the penalties could revolutionize how millions of Americans search for information and potentially disrupt the tight integration among many of Google’s key products and services. Google has promised to appeal.
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In their court filing this week, antitrust enforcers said a spinoff of Chrome, which is used on billions of devices worldwide, could help prevent an illegal monopoly from recurring.
“The playing field is not level because of Google’s conduct, and Google’s quality reflects the ill-gotten gains of an advantage illegally acquired,” the government lawyers wrote. “The remedy must close this gap and deprive Google of these advantages.”
Why is Greenlam Industries Limited (GREENLAM) falling ✌️【Trading Tools】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. They added that the court should ban agreements such as Google’s exclusive, multi-year contracts with Apple, Samsung and others that made Google the default search engine on their devices. District Judge Amit Mehta said in an August ruling that such agreements helped cement Google’s dominance in violation of federal law.
Why is Greenlam Industries Limited (GREENLAM) falling ✌️【Trading Tools】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. And Google should be required to syndicate its US search results to other rival search engines for the next decade, officials said in their filing, a move that could put other search alternatives on more even footing with Google.
DOJ lawyers called on Mehta to impose a range of other restrictions, some aimed at preventing possible future harm. One such request would require Google to give websites the option not to have their data collected for training the company’s artificial intelligence tools.
Why is Greenlam Industries Limited (GREENLAM) falling ✌️【Trading Tools】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. Testifying in the case last year,Microsoft CEO Satya Nadella warnedof a “nightmare” future for AI if Google were permitted to translate the billions of search queries it processes every day into training data for its AI models. Microsoft has struggled to compete with Google using its own search engine, Bing, and is a leading rival to Google in AI thanks to an exclusive partnership with ChatGPT creator OpenAI.
In ablog post, Google President and Chief Legal Officer Kent Walker called the government proposal “extreme” and said it would undercut Americans’ security and privacy by making Google share its user data with others.
“DOJ chose to push a radical interventionist agenda that would harm Americans and America’s global technology leadership,” Walker said. “DOJ’s wildly overbroad proposal goes miles beyond the Court’s decision. It would break a range of Google products — even beyond Search — that people love and find helpful in their everyday lives.”
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Brought in 2020 under the first Trump administration and continued under President Joe Biden, the DOJ’s Google Search case alleged that Google had used multiple interlocking tactics and products under its control to block out competitors in search such as Bing and DuckDuckGo, leaving consumers with few choices and a less innovative market for search engines.
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Over the course of a multi-week trial – much of it featuring sensitive testimony behind closed doors by executives from Apple, Microsoft, Verizon and others – Mehta weighed whether Google’s practices had harmed competition in search. He ultimately determined that Google violated Section 2 of the Sherman Act, one of the nation’s foremost anti-monopoly laws.
“Google is a monopolist, and it has acted as one to maintain its monopoly,” Mehta wrote in hisopinion.
Why is Greenlam Industries Limited (GREENLAM) falling ✌️【Trading Tools】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. The DOJ submission provides a broad menu of penalties that the US District Court for the District of Columbia could impose in response to Mehta’s ruling. The filing kicks off a multi-month fact-finding process that is expected to culminate in a hearing in April, with a final decision expected later in 2025.
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On top of the Chrome divestiture, DOJ and state officials also called this week for Google Search to be separated from Google’s Android mobile operating system and the Google Play app store, though not necessarily in the form of a breakup or spinoff. Many of the proposals outlined in Wednesday’s filing were initially previewed in anearlier court submissionin October.
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Why is Greenlam Industries Limited (GREENLAM) falling ✌️【Trading Tools】✌️ Free access to real-time stock indices, futures data, and market predictions to help you select high-return stocks and build a profitable portfolio. At the time, US antitrust officials accused Microsoft of illegally bundling its Internet Explorer browser with the Windows PC operating system, a move that allegedly harmed competition by preventing rival browsers such as Netscape Navigator from gaining traction with users.
Why is Greenlam Industries Limited (GREENLAM) falling ✌️【Trading Tools】✌️ Professional stock market predictions and analysis with real-time data to guide your investment decisions and ensure steady growth. A settlement with the DOJ in that case announced in 2001 required that Microsoft share its programming interfaces with other software developers, effectively opening up its platform and giving other browser makers an opportunity to succeed.
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“The end result here is not dissimilar from theMicrosoftcourt’s conclusion as to the browser market,” Mehta said. “Just as the agreements in that case ‘help[ed] keep usage of Navigator below the critical level necessary for Navigator or any other rival to pose a real threat to Microsoft’s monopoly,’ Google’s distribution agreements have constrained the query volumes of its rivals, thereby inoculating Google against any genuine competitive threat.”
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Even as Google fights the Justice Department on remedies in the search case, the company is embroiled in another antitrust battle just across the Potomac River in Alexandria, Virginia.
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