Wednesday, October 9, 2024

"US Weighs Google Breakup in Historic Big Tech Antitrust Case" (GOOG)

I would like YouTube please, there's an entire non-literate addressable market for Climateer Investing to conquer.

From Bloomberg via MSN, October 9: 

The US Justice Department is considering asking a federal judge to force Google to sell off parts of its business in what would be a historic breakup of one of the world’s biggest tech companies. 

Antitrust enforcers are weighing a breakup to mitigate the Alphabet Inc. business’s dominance in search, the agency said in a court filing on Tuesday, confirming an earlier Bloomberg News report. Judge Amit Mehta could also order Google to provide access to the underlying data it uses to build its search results and artificial intelligence products, it said.

The Justice Department “is considering behavioral and structural remedies that would prevent Google from using products such as Chrome, Play, and Android to advantage Google search and Google search-related products and features,” the agency said.

The 32-page document lays out a framework of potential options for the judge to consider as the case moves to the remedy phase. The agency said it will provide a fuller proposal on remedies next month. 

The effort is the most significant move to rein in a major tech company over illegal monopolization since Washington unsuccessfully sought to break up Microsoft Corp. two decades ago. The Justice Department and the US Federal Trade Commission have targeted Big Tech dominance, scrutinizing deals and investments and accusing some of the country’s most powerful companies of illegally dominating markets....

....MUCH MORE

If interested see also:

2019 - Valuing, Disaggregating (and perhaps dismembering) Alphabet (GOOG)

2020 - Omidyar "Roadmap for a Digital Advertising Monopolization Case Against Google" (GOOG; PYPL; EVIL)

"US Considers a Rare Antitrust Move: Breaking Up Google" (GOOG)

"All the possible ways to destroy Google’s monopoly in search" (GOOG)

If the Federales play hardball it will look something like this:
"To Break Google’s Monopoly on Search, Make Its Index Public" (GOOG)
Treat them like the utilities they are....

What Is an Effective Remedy in the Google Search Case? (GOOG; EVIL)

Dismemberment.

And then, when you're done with the officers and directors... 

Okay, just kidding. The most logical remedy is to regulate search as a public utility. And if they push back against that, dismemberment.

I have to stop reading medieval history before going to sleep at night.

How's about we rip the company's index from the still-living beast and...

That's it, from now on it's Pollyanna with her 'glad game.' And Candide. And maybe Leibniz.

2018 - "Google.gov"