🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

Google found guilty of antitrust laws violation in Epic Games case

Published 12/12/2023, 01:11 pm
Updated 12/12/2023, 01:30 pm
© Reuters.  Google found guilty of antitrust laws violation in Epic Games case
GOOGL
-
AAPL
-

A jury in San Francisco has found Google (NASDAQ:GOOGL) guilty of antitrust violations concerning its Play mobile app store. The unanimous verdict marks a significant defeat for a major technology company in the United States, highlighting ongoing efforts by competitors, regulatory bodies and legal authorities to challenge the dominance of internet giants.

The case, initiated by Epic Games in 2020, accused Google of implementing restrictive practices that stifled competition in the mobile app market.

Epic Games, known for its popular game Fortnite and developer tools, claimed that Google's policies prevented smartphone manufacturers, wireless carriers and app developers from offering viable alternatives to the Google Play store. The store is reported to account for more than 95% of all app downloads on Android devices in the US.

After a three-hour deliberation, the jury responded affirmatively to crucial questions regarding Google's market practices and their competitive implications. Despite Google's defence focusing on user safety and experience, the verdict suggests a breach of antitrust laws.

A judge is set to decide on potential remedies in the coming weeks, which might include mandating changes to Google's business practices. The implications of this ruling could be far-reaching, resulting in a more diverse and competitive app market, potentially benefiting consumers with more choices and lower prices.

But Google's legal challenges do not end there. Another significant ruling is expected next year from US District Judge Amit Mehta in Washington, DC, regarding Google's dominance in web search, a case brought by the US Department of Justice and numerous state attorneys general.

This verdict contrasts with Epic's previous legal battle against Apple (NASDAQ:AAPL), where a federal judge mandated only a single change to Apple's App Store practices, upholding most of Apple's policies.

The decision's impact could be delayed by appeals and Google has yet to comment on the verdict. Yet the outcome of this case signals a pivotal moment in the ongoing scrutiny and potential regulation of major technology companies' market practices.

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.