Alphabet’s Google has made a rare move by paying damages to the U.S. government before a jury trial in the Justice Department’s antitrust lawsuit over its digital advertising business. This preemptive action was taken to avoid a potentially lengthy and costly trial. The lawsuit was successful, highlighting the increasing scrutiny that tech companies are facing over their market dominance and competition practices. This development may have wider implications for the tech industry and its future regulatory landscape.
Article Source
https://www.reuters.com/legal/government/google-cuts-mystery-check-us-bid-sidestep-jury-trial-2024-05-20/
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