Justice Department antitrust enforcers are reviewing whether Google’s planned $32 billion (roughly Rs. 2,75,462 crore) acquisition of cybersecurity company Wiz would illegally limit competition in the marketplace, according to people with knowledge of the matter. Officials in the department’s antitrust division, who are probing the deal, have been examining the contours of the Alphabet unit’s plan following … Read more
Alphabet’s Google on Saturday said it will appeal an antitrust decision under which a federal judge proposed less aggressive ways to restore online search competition than the 10-year regime suggested by antitrust enforcers “We will wait for the Court’s opinion. And we still strongly believe the Court’s original decision was wrong, and look forward to … Read more
Alphabet’s Google is facing at least EUR 12 billion (roughly Rs. 1,13,259 crore) in damage claims from dozens of price comparison websites across the European Union which allege that the search and advertising giant stole their customers, according to a Bloomberg news review. The civil suits are linked to a 2017 decision by the European Commission to fine … Read more
The U.S. Federal Trade Commission, the de-facto federal privacy regulator, said on Friday that the U.S. Department of Justice’s proposal to make Alphabet’s Google share search data with competitors includes adequate safeguards to protect users’ privacy. The proposal is part of a range of measures the DOJ says are necessary to open up the online … Read more
Alphabet’s Google plans to appeal against the “adverse” portion of the court decision in the US Department of Justice’s monopoly case against the technology giant. On Thursday US District Judge Leonie Brinkema found Google liable for “willfully acquiring and maintaining monopoly power” in markets for publisher ad servers and ad exchanges. Publisher ad servers are … Read more
Google is urging officials at President Donald Trump’s Justice Department to back away from a push to break up the search engine company, citing national security concerns, according to people familiar with the discussions. Representatives for the Alphabet unit asked the government in a meeting last week to take a less aggressive stance as the US … Read more