Today, Yelp filed an antitrust lawsuit against Google

[Passages]

Oh happy day.



SNIP For years, Google illegally abused its monopoly in general search to dominate the local search and local search advertising markets. 1/2

SNIP Yelp is seeking a remedy that addresses Google’s anticompetitive misconduct, and protects consumer choice. Learn more:

Link to tweet

[elleng]

1. 'Google has officially been named a monopoly.

On Aug. 5, a federal judge charged the tech giant with illegally using its market power to harm rival search engines, marking the first antitrust defeat for a major internet platform in more than 20 years—and thereby calling into question the business practices of Silicon Valley’s most powerful companies.

Many experts have speculated the landmark decision will make judges more receptive to antitrust action in other ongoing cases against the Big Tech platforms, especially with regards to the burgeoning AI industry. Today, the AI ecosystem is dominated by many of the same companies that the government is challenging in court, and those companies are using the same tactics to entrench their power in AI markets. . .

But while the Google decision opens the door for much-needed antitrust scrutiny in the AI industry, even the most effective enforcement regime cannot single-handedly foster a competitive AI sector. Antitrust suits take years to work through the courts, and even if judges find a company behaved illegally, it may be impossible to reverse its damage to competition and innovation.'>>>

https://time.com/7015493/google-antitrust-defeat-ai-monopolies/

[Passages]

2. Yes. Thank you, elleng.