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They want to break up Google... what happens next?

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Source: The Hated One
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  • description: They want to break up Google into multiple companies. Will it happen? Support my work: https://www.patreon.com/thehatedone Google is the most popular search engine with no relevant competition. Anywhere in the world, Google Search dominates upwards of 90% of the market, making it a de facto monopoly by definition. But Google didn’t rise to dominance by consumer choice alone. It rose to that dominance, because it was the default option on every single service and platform available. Chrome, the most popular browser by far, defaults to Google Search. Safari, the default web browser on the iPhone and the entire Apple ecosystem, ships with Google Search out of the box. Firefox, which is a popular web browser among Linux users and open source enthusiasts, is also defaulting to Google Search. Android, the most popular operating system on the planet, comes with Google Search preinstalled on almost every smart device that isn’t Apple, with with the only exception for China. Defaults have power and that’s why Google spends dozens of billions of dollars every single year to pay other companies to set Google Search as the default at their services. And Google is willing to pay this much money, because the returns exceed costs multiple times over. In the fourth quarter of 2023, Google spent almost $14bn to pay companies for this favor. And in those same three months, Google returned more than $48bn in revenue from Search. It is these secret backdoor deals that had a US judge rule Google to be an illegal monopoly. When this news broke, I covered it back in August so you can watch that video for more detail. But that was just a ruling of guilt. Now the U.S. Department of Justice seeks punishment. Until recently, we didn’t know what kind of punishment DoJ was looking for. But now we know. Last week the Justice Department came forward with this document called “proposed remedy framework” and this is what they want to convince the judge the US government should do to Google. SOURCES [references available in the transcript] [0] https://www.statista.com/statistics/1381664/worldwide-all-devices-market-share-of-search-engines/ [1] https://www.propublica.org/article/set-it-and-forget-it-how-default-settings-rule-the-world [2] https://abc.xyz/assets/95/eb/9cef90184e09bac553796896c633/2023q4-alphabet-earnings-release.pdf [3] https://www.cnbc.com/2023/11/14/apple-gets-36percent-of-google-search-revenue-from-safari-alphabet-witness.html [4] https://www.bloomberg.com/news/articles/2023-11-13/apple-gets-36-of-google-revenue-from-search-deal-witness-says [5] https://storage.courtlistener.com/recap/gov.uscourts.dcd.223205/gov.uscourts.dcd.223205.1052.0_1.pdf [6] https://www.pcmag.com/news/mozilla-signs-lucrative-3-year-google-search-deal-for-firefox [7] https://www.mozilla.org/en-US/advertising/ [8] https://batsov.com/articles/2021/11/28/firefox-is-the-only-alternative/ [9] https://news.bloomberglaw.com/antitrust/googles-tac-increased-almost-fivefold-over-a-decade-chart [10] https://theconversation.com/a-us-court-has-ruled-google-is-an-illegal-monopoly-and-the-internet-might-never-be-the-same-236227 [11] https://www.theguardian.com/technology/article/2024/aug/05/google-loses-antitrust-lawsuit [12] https://www.cnbc.com/2024/10/08/doj-indicates-its-considering-google-breakup-following-monopoly-ruling.html [13] https://qz.com/an-expert-witness-just-let-slip-how-much-google-pays-ap-1851019654 [14] https://www.nytimes.com/1984/01/01/us/bell-system-breakup-opens-era-of-great-expectations-and-great-concern.html [15] https://en.wikipedia.org/wiki/Breakup_of_the_Bell_System Credits Music by @co.agmusic Follow me: https://twitter.com/The_HatedOne_ https://www.reddit.com/r/thehatedone/ The footage and images featured in the video were for critical analysis, commentary and parody, which are protected under the Fair Use laws of the United States Copyright act of 1976.
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