[Market Trends] Google takes its biggest L ever... now a convicted monopolist | Fireship
๐ Google Convicted: A Landmark in Tech Antitrust Battles
The YouTube video titled "Google takes its biggest L ever... now a convicted monopolist" discusses Google's recent loss in a major legal battle against the U.S. Department of Justice. The case, which began in 2020, accused Google of violating U.S. antitrust laws and engaging in monopolistic practices, particularly through exclusive deals that hindered competition. The court ruled Google guilty, likening it to historic cases against Standard Oil and the American Tobacco Company. The video also touches on similar ongoing antitrust cases involving other tech giants like Apple, Amazon, and Meta, hinting at the broader implications for the tech industry and questioning how these outcomes will influence the future of big tech.