Google Antitrust Lawsuit - Will The Department Of Justice Break Up Big Tech? What Is Anti Trust Law?

The US Department of Justice has accused Google of suppressing competition in internet search in an antitrust lawsuit that marks the beginning of a landmark case against one of the world’s largest technology groups.

The justice department called Google “a monopoly gatekeeper for the internet” and alleged that the company, owned by Alphabet, had used a “web of exclusionary” deals to stymie competitors in the search business.

Last week’s report from the House antitrust subcommittee into Amazon, Apple, Google and Facebook alleges that the tech giants wield monopoly or substantial power, and have abused it. Each it claims serves as a gatekeeper over a particular distribution channel, they can “pick winners and losers” throughout the economy. They can charge excessive fees, impose onerous contract terms, and hoard data. The big four are the “kinds of monopolies we last saw in the era of oil barons and railroad tycoons”.

In this weeks video we will discuss anti trust law, how it works and if the big tech firms might be broken up?
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Видео Google Antitrust Lawsuit - Will The Department Of Justice Break Up Big Tech? What Is Anti Trust Law? канала Patrick Boyle