The U.S. Justice Department and Google are concluding a landmark monopoly trial this week, with closing arguments set to begin on Thursday. The Justice Department has accused Google of illegally abusing its power as a monopoly in the search engine business, leading to reduced competition and lower-quality user experiences. Google argues its popularity is due to its superior search engine, not its business practices. The Justice Department's case against Google centered on the company's costly exclusive agreements with device makers and web browser companies.
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00:00 It's Benzinga and here's what's on the block.
00:02 The U.S. Justice Department and Google are concluding a landmark monopoly trial this
00:06 week with closing arguments set to begin on Thursday.
00:09 The Justice Department has accused Google of illegally abusing its power as a monopoly
00:13 in the search engine business, leading to reduced competition and lower quality experiences.
00:18 Google argues that its popularity is due to its superior search engine, not its business
00:21 practices.
00:22 The Justice Department's case against Google centered on the company's costly exclusive
00:26 agreements with device makers and web browser companies.
00:29 The trial's verdict could potentially lead to fines or restructuring for Google if the
00:33 judge favors the Justice Department's arguments.
00:35 For all things money, visit Benzinga.com.
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