U.S. regulators asked a federal judge on Wednesday to break up Google, accusing the tech giant of abusing its monopoly in the search engine and search advertising markets for over a decade.
The Department of Justice (DOJ), alongside 38 states and territories, outlined its proposed remedy in a 23-page court filing late Wednesday. The filing follows a federal court ruling that found Google unlawfully maintained its dominance through anti-competitive practices.
U.S. District Court Judge Amit P. Mehta for the District of Columbia previously ruled that the company’s conduct harmed competition and stifled innovation, depriving consumers and advertisers of meaningful choices.
“Google is a monopolist, and it has acted as one to maintain its monopoly” over general search services and search text advertising markets, the judge found, according to court filings.
The DOJ’s proposal aims to “restore competition” in the markets for general search services and search text advertising. The proposal calls for Google to divest its Chrome browser, which regulators argue has been used to reinforce the company’s monopoly by directing search traffic exclusively to Google’s platforms. […]
— Read More: www.theepochtimes.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
Coffee the Christian way: Promised Grounds
