Google Antitrust Ruling

SOURCE finance.yahoo.com
U.S. District Judge rules that Google violated antitrust law by securing exclusive agreements as the default search engine, stating that Google is a monopolist and has hindered competition by maintaining its monopoly.

Key Points

  • Google has maintained its monopoly through exclusive agreements.
  • Losing defaults would have a significant impact on Google's revenue.
  • Google's actions have reduced the incentive for innovation in search.

Pros

  • Google's search engine is of high quality and trusted by millions of users.

Cons

  • Google's exclusive agreements have hindered competition and reduced the incentive to invest and innovate in search.
  • Users rarely switch from the default search engine, giving Google a significant advantage.