Expedia Group CEO Peter Kern says he hopes the U.S. Justice Department’s antitrust complaint against Google ultimately changes the search giant’s behavior, and creates a fair marketplace for the online travel company and others that both compete with Google and rely on its dominant search engine for traffic and customers.
“I’m very pleased to see the government finally taking some action,” Kern said at the GeekWire Summit on Tuesday, marking the company’s first public statement on the case since it was filed Tuesday morning. “Hopefully, it will create a fair marketplace for us, which is all we want. We have no axe to grind against Google, except that we don’t think the marketplace is equitable.”
Expedia Group, based in Seattle, includes major travel brands such as vrbo, Orbitz, Hotwire, Trivago, Hotels.com,
WASHINGTON (Reuters) – The U.S. Justice Department’s lawsuit against Alphabet Inc’s Google kicks off what is expected to be a long legal battle over whether the online search and advertising company uses its outsized market power unfairly.
Here are some answers to key questions about the case:
WHAT ARE THE ALLEGATIONS AGAINST GOOGLE?
The Justice Department alleges that Google broke antitrust law to maintain its monopoly in search, where it has about 90 percent of the U.S. market, and two kinds of advertising – search advertising and general search text advertising.
As evidence, the department points to billions of dollars that Google pays to smartphone makers such as Apple, Samsung and others to make Google’s search engine the default on their devices. As a result, the government argued, smaller search engines never get the scale they need to improve their algorithms, and grow.
Google is one of the biggest tech companies in the world, but it will soon face a stout legal challenge from the US government. The Justice Department has filed a 57-page complaint with the US District Court in Washington, D.C. that accuses Google of engaging in anticompetitive business practices in an attempt to protect a monopoly on internet searches.
“For many years,” a portion of the suit reads, “Google has used anticompetitive tactics to maintain and extend its monopolies in the markets for general search services, search advertising and general search text advertising — the cornerstones of its empire.”
The legal battle is expected to drag on for years, and it’s not yet clear what the potential fallout for Google would be if the company lost the suit. Alphabet, the parent company of Google, is valued at over $1 trillion. As noted by the New York Times, Google has fought
Attorney General William Bar has filed suit against Google for illegal monopolization of the search and ad markets, kicking off one of the largest antitrust cases in US history. The Wall Street Journal is reporting that the case will focus on search and search-focused advertising, rather than the company’s broader targeted ad business.
According to the Journal’s sources, the Justice department will allege that Google “is maintaining its status as gatekeeper to the internet through an unlawful web of exclusionary and interlocking business agreements that shut out competitors.”
Deputy Attorney General Jeffrey A. Rosen has announced a briefing later this morning, which is likely to provide more details on the case.
The case is one of the most ambitious antitrust actions ever undertaken against a tech company, drawing together parallel investigations from the Department of Justice and a range of state attorneys general. The Department of Justice briefed state
While working for aerospace firm Northrup Grumman back in 2007, Sean McDaniel and Brad Bode were tasked with improving communication between satellites in the sky and towers on the ground. They soon realized this could be a scalable business opportunity.
Today, the two are co-founders of Atlas Space Operations, a company that provides ground-based satellite communication. The startup, which finished No. 102 on this year’s Inc. 5000 list with a three-year revenue growth rate of 3,446 percent, has revolutionized the way this communication takes place in part by applying software to tasks that used to be manual. Its clients range from private space companies to the U.S. government. The company signed a $1.5 million contract with the Department of Defense earlier this year, which, once finalized, will make it the first ground-based satellite communications company to be authorized for use by the DoD.
Travellers from New Zealand taking advantage of the trans-Tasman bubble to get to Victoria are within their rights, provided they don’t have symptoms associated with Covid-19, according to a Victorian state government website.
Premiers of Victoria and Western Australia have complained after some trans-Tasman bubble travellers arrived in their states, which are not part of the bubble arrangement, after first landing in New South Wales, which is.
Have you travelled to Australia under the trans-Tasman bubble arrangement? Please contact Stuff at email@example.com.
The one-way bubble started on Friday, allowing travellers from New Zealand to arrive in NSW and Northern Territory without then having to go into managed isolation.
READ MORE: * Covid-19: Five big problems with the proposed trans-Tasman travel bubble * Qantas and Jetstar quickly start selling flights from
Tap any flight request into Google search and the site will show flight options and prices direct from the tech giant at the top of the page.
The results are highlighted in a box in a premium position, and don’t require users to navigate to another site. The only way a rival shows up above Google’s results in many such searches is if they pay for an ad.
Google critics and rivals have long warned the search engine is threatening countless industries from shopping to travel by consistently pointing people to its own products and services on the biggest search platform on the web. And those competing against Google to win over consumers say that the search engine forces them to pay their biggest rival in advertising dollars just to show up.
Google’s dominance in search has drawn more regulatory scrutiny and criticism from rivals and lawmakers in recent months,
A housing crisis is brewing that can be solved pretty quickly, according to housing policy experts, but so far has been largely ignored by the Federal Housing Finance Agency (FHFA). FHFA is the agency that regulates the government-sponsored entities Fannie Mae and Freddie Mac, which support 70% of the nation’s mortgage borrowing.
Many homeowners who are eligible for forbearance under the Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, are not getting relief and could be facing imminent foreclosure. In June, 430,321 eligible homeowners were delinquent with their mortgage payments, but were not in forbearance. Fannie and Freddie, however, say the vast majority of eligible homeowners have enrolled in forbearance.
Under forbearance, homeowners could postpone monthly mortgage payments for up to one year. Among potential repayment options, loan servicers could tack on the missed payments to the end of the loan, which would be
When the New York Post’s story on Hunter Biden’s emails first broke, Big Tech spent the day censoring the story and locking those who attempted to share it out of their accounts, including White House Press Secretary Kayleigh McEnany. Despite the backlash and Senate Judiciary Committee Republicans warning Twitter CEO Jack Dorsey that they plan to issue a subpoena for an emergency testimony, the company did not back down and went as far as blocking users from sharing a government website.
The Republican House Judiciary Committee decided to put the story on their website so that Americans could continue to freely read and access the report.
“Twitter has blocked users from tweeting the link to the @nypost’s story on Hunter Biden. So we put it on our website for you to read and share,” the House Judiciary GOP tweeted.
Twitter has blocked users from tweeting the link to the @nypost