The US Justice Department filed an antitrust lawsuit against Google LLC for unlawfully monopolizing online search services to harm competitors and consumers.
According to the Justice Department, the move was for restoring competition and encouraging innovation.
Google described the lawsuit as "deeply flawed" and "would do nothing to help consumers."
The company pointed out it was the people who chose to use Google and are not forced into it or due to a lack of alternatives.
It warned that the government's move would result in artificially propping up lower-quality search alternatives to the detriment of the users.
But the justice department said that Google has entered into "a series of exclusionary agreements" that collectively lock up the primary avenues through which users access search engines.
It added that the result was that no once could feasibly challenge Google's dominance in search and search advertising, harming users, advertisers, and small businesses in the form of fewer choices, higher advertising prices, reduced quality, and less innovation.


Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 



