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LATEST NEWS UPDATES | Google Under Fire in US for Predatory Monopoly Practices -Prabir Purkayastha

Google Under Fire in US for Predatory Monopoly Practices -Prabir Purkayastha

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published Published on Oct 23, 2020   modified Modified on Oct 26, 2020

-Newsclick.in

Tech monopolies are increasingly being acknowledged as a danger to people, other companies and even to democracy. The regulatory worm seems to be turning in many countries, even in the US where it had gone into hibernation.

The US Department of Justice has filed a lawsuit against Google-Alphabet (Alphabet is Google's parent company) for a range of anti-competitive practices using its monopoly power in the search market. This is the only major action in the US against tech monopolies in recent years, the last one being the 1998 action against Microsoft. Eleven state attorney generals have joined the Department of Justice suit, with more expected to follow.

Google currently has a market share in online searches globally of more than 92%, which rises to more than 98% in countries like India. The only market in which it has virtually no market share is China, where it shut shop for its search engine in 2010.

The four major tech companies—Google-Alphabet, Facebook, Amazon, and Apple—are globally on the radar for their monopoly power and their ability to drive out competition. The recent hearings in the US Congress on these Big Four were followed by a staff report of the Committee which recommended to Congress appropriate legislative action to break-up or limit these companies.

Facebook has additionally come under the scanner for being an instrument of hate speech, helping the formation of violent militias, and promoting conspiracy theories, including COVID-19 conspiracies. A Delhi Assembly Committee—Committee for Peace and Harmony—is investigating Facebook’s role in Delhi's communal violence early this year (full disclosure: I also deposed before this committee).

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Newsclick.in, 23 October, 2020, https://www.newsclick.in/Google-Under-Fire-US-Predatory-Monopoly-Practices?fbclid=IwAR2ROXH67WBTytkqK1dJCVl-899DMTutvJkedfv8LXH2nAkczHTIAUMJq2A


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