Federal Judge Rules Google Not Required to Sell Chrome

Google will not be compelled to divest its Chrome browsers. A federal judge ruled last year’s monopoly case in the ongoing legal dispute involving the tech giant.

The company is prohibited from specific monopolistic transactions with device manufacturers and is required to share data from search engines with competitors, according to the judge’s decision.

Judge Amit Mehta’s ruling comes after months of speculation regarding the penalties Google might face, following a judgment last year which found that Google violated antitrust laws, establishing what the company referred to as an online search monopoly. This case is considered one of the most significant antitrust proceedings in decades, resulting in further hearings in April to ascertain appropriate government actions for relief.

Mehta’s decision to let Google retain Chrome reflects a more favorable outcome for the company than what federal prosecutors had sought. The prosecution had proposed that Google divest its marquee search products and barred it from entering the browser market for a period of five years. In his extensive 230-page ruling, Mehta stated that the prosecutors had “overvalued by seeking mandatory sales of these key assets.”

While Google averted the most severe repercussions for antitrust violations, Mehta’s ruling supported prosecutors by forbidding the establishment or continuation of exclusive agreements regarding the distribution of products such as Chrome, Google Assistant, and Gemini apps. However, this ruling does not restrict Google from compensating distributors.

Following Mehta’s decision, Google’s shares experienced a rise in after-hours trading, indicating investor confidence in the favorable outcomes for the company.

The ruling was critiqued as “a complete failure” by the nonprofit advocacy group, the American Economic Freedom Project.

“It’s akin to finding someone who robbed a bank, only to tell him to write a thank-you note to the robber,” remarked Nidhi Hegde, the executive director of the American Economic Freedom Project. “Likewise, Google is not held accountable for monopolistic behavior, while a remedy is drafted to safeguard that monopoly.”

Google contended that under the Antimonopoly Act, which was first tried in 2023, its advantage in search is not a product of anticompetitive actions but stems from the creation of superior products.

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Meanwhile, prosecutors have demonstrated that Google has invested billions in agreements with device manufacturers like Samsung and Apple to establish the browser as the default search for their products, allowing it to secure approximately 90% of the U.S. search market.

“After thorough deliberation and consideration of witness testimonies and evidence, the court concluded that Google was the monopoly and acted to preserve its monopoly,” Mehta ruled last year.

Mehta’s relief decision this week acknowledged that there have been significant transformations in the internet search industry since last year’s case concluded, indicating that his ruling was designed to address both popular search engines and the recent emergence of AI search engines and chatbots developed by Google.

“The procedures for these remedies were aimed at fostering competition among general search engines (GSEs) as much as ensuring that the advantages in search were not overshadowed by developments in the AI space,” Mehta stated.

Additionally, Google is set to face another hearing later this year regarding how the government will manage antitrust violations connected to its monopoly in online advertising technology.

Source: www.theguardian.com

Demand for Used Teslas Rises as Owners Sell in Protest of Elon Musk

Ken Harvey has been focusing on developing the business of Honda and Mazda dealers in Northern California, particularly in the area of selling used Teslas over the past few months.

Harvey frequently acquires second-hand Teslas at local car auctions and sells them at very reasonable prices, sometimes below $20,000, especially for the Model 3 sedan which is a popular choice among consumers eligible for state incentives.

As the owner of four Honda dealers and two Mazda franchises in Alameda County, Harvey mentioned that they have sold multiple Teslas this year, with most cars not staying in stock for long.

In a backlash against Elon Musk, CEO of Tesla and a close confidant of President Trump, the used Tesla business has seen significant growth over the years.

This surge in the used Tesla market has been attributed to price cuts and decreased value of second-hand models by Tesla, which has led to a surge in sales.

Musk’s political activities, including his association with Trump, have sparked protests and encouraged Tesla owners to sell their vehicles, impacting Tesla’s business globally.

Dr. Jerome Winegarden of Ann Arbor, Michigan, recently traded his Model 3 Tesla for a Ford F-150 Lightning electric pickup due to his disillusionment with Elon Musk’s actions.

The number of used Teslas for sale in the US has been increasing, with many owners opting to replace their Teslas due to various reasons, including political concerns.

Tesla’s sales have been impacted in various regions due to Musk’s political affiliations, leading to a decline in demand for the vehicles.

Protests against Tesla and Elon Musk have been on the rise, with some incidents of vandalism and destruction of Tesla properties reported.

Musk’s political activities have significantly impacted Tesla’s sales globally, including in European countries where sales have declined.

Analysts believe that Musk’s political involvement has influenced Tesla’s sales trends in the US, although the exact impact is hard to determine.

The number of used Teslas for sale in the US has been increasing, with more vehicles being traded in for new models or sold at dealerships.

Experts suggest that Musk’s political stance is damaging the Tesla brand, leading to changes in consumer behavior.

Enzo Costa, sales director for Patrick Dealer Group in Chicago, observed a decrease in the value of used Teslas in the market, prompting customers to trade them in for other vehicles.

Despite the challenges, Ken Harvey in California noted a steady demand for affordable Teslas, especially among customers looking to switch to electric vehicles.

Changes in the Tesla market have driven different strategies among dealers, with some opting to sell at auctions rather than to individual buyers.

Source: www.nytimes.com

TechScape: The US Government’s Push to Make Google Sell Chrome | Technology

Google is facing challenges. According to my colleague Dan Milmo, the U.S. Department of Justice is looking into Google’s structure and business practices, including the potential sale of its Chrome browser to break its monopoly on Internet search. This comes after a court ruling finding Google in violation of antitrust laws for monopolizing search services. The Justice Department’s proposal is straightforward: Google should sell Chrome. As for Android, two options have been proposed: sell it or agree to government oversight.

Both demands present a significant challenge to Google’s advertising business, and could have severe consequences for the company.

In a blog post, Kent Walker, Google’s chief legal officer, criticized the Justice Department’s proposal, calling it “staggering,” “extreme,” and “unprecedented government overreach.” Google plans to submit its own proposal and appeal the court ruling. However, Walker’s response was somewhat exaggerated, referring to the requirement for two selection screens to access Google Search on Pixel smartphones as comically histrionic.

The Justice Department aims to increase competition by exposing Google to competition, denying the benefits of any legal violation, and preventing Google from dominating markets in the future.

Google’s advertising business relies heavily on its search service, with Chrome being a key component as the most popular browser globally. Losing Chrome would have a significant impact on Google’s advertising revenue. The debate also touches on U.S. leadership in the tech industry, with Google arguing that selling Chrome could undermine it.

There’s also talk of potentially selling Android, which plays a crucial role in data collection for advertising. The government could impose surveillance on Android, impacting Google’s business operations. The potential changes raise questions about the future aesthetic and control of smartphone operating systems.

Without Chrome, Google would lose a vital market, particularly in the education sector where Chromebooks are widely used in schools. Chrome OS is designed for web-based tasks, influencing user preferences towards Google products in the future.

If Google manages to retain Chrome, it may still need to reconsider its search engine default agreements, including the $20 billion contract with Apple. The company could be forced to adjust or terminate these contracts as part of the proposed remedies.

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Elon “First Buddy” Musk and his Sidekick Debut, Doge




Elon Musk and Donald Trump in October. Photo: Alex Brandon/AP

A recent development saw Elon Musk and Vivek Ramaswamy appointed as heads of the Ministry of Government Efficiency, known as Doge, although it’s not an official government department. Musk has given it a governmental status on Twitter. They are advisors to President Trump and plan to use executive actions to reform non-governmental government agencies. Their approach focuses on efficiency but lacks detailed plans.

Musk and Ramaswamy target cost-cutting, aiming to eliminate programs that lack congressional approval. However, their approach faces criticism for potential repercussions such as cutting medical care for military veterans. Despite their intentions, the implementation of their ideas remains uncertain.

Source: www.theguardian.com

Justice Department argues in court filing that Google must sell Chrome to end search monopoly

U.S. prosecutors have told a judge that Alphabet Inc.’s Google should take steps to end its monopoly on Internet search by selling off its Chrome browser and sharing data and search results with competitors.

This would result in a decade of heightened regulation for Google, as ruled by a Washington federal court that found the company maintained an illegal monopoly on online search and related advertising.

Google currently controls about 90% of the online search market.

In a court filing, the U.S. Department of Justice (DoJ) stated, “Google’s illegal conduct not only deprived competitors of important distribution channels but also hindered their entry into these markets through new and innovative ways, eliminating potential distribution partners.”

The recently filed court papers further detail the U.S. government’s plan to break Google’s monopoly, which Google considers radical and harmful to American consumers and businesses.

Google intends to appeal the proposal.

The Justice Department’s demands include prohibiting Google from rejoining the browser market for five years and potentially requiring the sale of its Android mobile OS if competition is not restored through other means.

Additionally, the department seeks to prevent Google from acquiring or investing in search rivals, query-based artificial intelligence products, or advertising technology.

The Justice Department and a group of states have asked U.S. District Judge Amit to terminate Google’s exclusive contracts paying Apple and other device vendors to make its search engine the default option on tablets and smartphones.

Google will have an opportunity to present its counterproposal in December, with a trial scheduled for April, subject to potential interference by President-elect Donald Trump and the Justice Department’s incoming antitrust chief.

Source: www.theguardian.com

Company announces plans to sell additional shares as Trump Media stock crashes

Former President Donald Trump’s social media company saw a 12% drop in shares on Monday due to a regulatory filing stating the potential sale of millions of additional shares. This resulted in a further decline in stock prices.

The filing revealed that 146.1 million shares of Trump Media & Technology Group could be sold, including 114.8 million owned by Trump himself. Additionally, 21.5 million shares could be sold through warrants issued during the company’s merger with Digital World Acquisition Corp.

Since its market debut on March 26, parent company Truth Social has seen a 60% decrease in stock price. Trump is currently unable to sell any of his shares due to a lock-up agreement until September, tying his wealth to the company’s value. If the price remains stable, he stands to make significant profits from the stock.

On the same day, Trump, the presumed 2024 Republican nominee, began a criminal trial in Manhattan facing 34 felony charges related to falsifying business records in connection to payments to Stormy Daniels. This marks the first criminal trial of a US president and is expected to continue for about six weeks.

Trump is currently under financial strain due to various legal battles over the past year, owing approximately $500 million from civil cases. Trump media has received support from some of his major political donors, providing a lifeline for him to pay off his debts.

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Recently, Democratic advocacy groups urged Congress to investigate Trump Media due to suspicious activities. In early April, two Florida brothers pleaded guilty to insider trading linked to the social media company. Additionally, reports suggest that the company is relying on loans from a Russian-American businessman facing federal investigations for money laundering and insider trading.

Source: www.theguardian.com

House Passes Bill Requiring ByteDance, Owner of TikTok, to Sell or Risk US Ban | Ticktock

The House of Representatives passed a bill on Wednesday mandating that ByteDance, the owner of TikTok, must sell the social media platform or face a complete ban in the United States.

The vote resulted in overwhelming support, with 352 members of Congress voting in favor and only 65 voting against. The bill, which was swiftly approved in committee last week, gives ByteDance 165 days to divest from TikTok. Failure to do so would result in app stores like the Apple App Store and Google Play being legally prohibited from hosting TikTok or providing web hosting services for ByteDance-managed applications.

Following the vote, TikTok CEO Shou Zi Chew expressed disappointment and stated that the company is doing everything possible to protect the platform’s integrity and enforce their legal rights.

Chew emphasized TikTok’s efforts to secure data and shield the platform from external influences, raising concerns about the implications of the bill on other social media companies, creators, and small businesses.

The decision in the House of Representatives marks a significant development in the ongoing debate surrounding TikTok’s alleged data collection practices and potential political censorship. Despite assurances from TikTok that they do not share U.S. user data with the Chinese government, challenges persist, including past bans and legal battles.

The future of the bill in the Senate remains uncertain, as some Democrats have raised free speech concerns and proposed broader social media regulations to address foreign influence concerns without singling out TikTok specifically.

The White House supports the bill, aiming to provide a pathway for ByteDance to sell TikTok and mitigate national security risks associated with Chinese ownership. The authors of the bill stress that the goal is not to ban TikTok outright but to facilitate its sale to circumvent the block in the U.S.

While the outcome of the bill continues to unfold, TikTok and its supporters remain steadfast in advocating for the platform’s survival, raising uncertainties about China’s approval of a potential sale and the timeline for such a transaction.

As the debate continues, concerns persist about the impact of the bill on other Chinese-owned platforms in the U.S., such as Tencent’s WeChat. The discussions reflect broader efforts to address national security and privacy considerations in the social media landscape.

Reuters contributed to this report

Source: www.theguardian.com