Breaking News: US DOJ Threatens Google Breakup for Antitrust Violations
- The US Department of Justice has announced plans to file a lawsuit against Google, alleging that the company has engaged in anticompetitive practices that have caused "pernicious harms" to the American economy.
- The DOJ's lawsuit is expected to focus on Google's dominance in the search engine and online advertising markets. The department is likely to argue that Google has used its market power to stifle competition and harm consumers.
- The news of the DOJ's lawsuit has sent shockwaves through the tech industry. Google's shares are down sharply in pre-market trading.
- This is the latest in a series of antitrust actions against tech giants in the US. The DOJ has also filed antitrust lawsuits against Facebook and Amazon.
- The outcome of the DOJ's lawsuit could have a major impact on the future of the tech industry in the US. If the DOJ is successful, it could break up Google into smaller companies, which could lead to increased competition and lower prices for consumers.
#BreakingNews #USDOJ #Google #antitrust #tech #lawsuit
PolicyWatch / Hak-Kun Hyun Baek ⚡
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2024-10-09 21:26:43
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2024-10-09 21:26:43Event JSON
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