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Google appeals US court ruling on search monopoly
Google says the judge overreached by ordering data sharing and result syndication to rivals, while the Justice Department seeks broader remedies.
- On Friday, Alphabet's Google appealed a Washington federal judge's 2024 ruling that found the company holds illegal monopolies in online search and advertising, seeking to reverse the decision entirely.
- Central to the Department of Justice case were agreements where Google paid Apple around $20 billion in 2022 to be the default search engine, which Google maintains reflects lawful competition rather than anticompetitive exclusion.
- Judge Mehta ordered Google to share search data with competitors, but the company contends these remedies force it to subsidize generative AI players that "did not even exist" during the relevant period.
- Apple SVP of Services and Health Eddy Cue testified that choosing Google was a "no brainer" due to user preference, noting that no price Microsoft could offer would make Bing more profitable for Apple.
- The federal appeals court in the District of Columbia will determine the next steps, though oral arguments have not been scheduled, making updates unlikely until late 2026 or early 2027.
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Google (GOOG/GOOGL) appeals landmark antitrust ruling over default search deals.
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Alphabet Inc. (NASDAQ: GOOGL) Stock Trades at $388 as Google Appeals Search Monopoly Ruling
Alphabet Inc. (NASDAQ: GOOGL) was trading at approximately $388.36 on Friday, May 22, moving within an extremely tight intraday range of $387.93 to $388.51 in light turnover of just 141,800 shares against an average of 27 million. The Class C shares (NASDAQ: GOOG) posted a slightly wider range, trading between $378.26 and $384.94 before settling around $379.68. Alphabet’s 52-week range on GOOGL extends from a low of $162.00 to a high of $408.61,…
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Total News Sources24
Leaning Left3Leaning Right3Center4Last UpdatedBias Distribution40% Center
Bias Distribution
- 40% of the sources are Center
40% Center
L 30%
C 40%
R 30%
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