Get the latest tech news

Google gets away almost scot-free in US search antitrust case

This? This is it? Instead of being broken up, Google gets a slap on the wrist.

In a similar case, way back in 1969, the mere threat of the DoJ breaking up IBM because it had monopolized the computer market by controlling both hardware and bundled software was enough to make Big Blue unbundle them. Meanwhile, business analysts, such as those at Wedbush, summed up their thoughts as, “ Government Folds Like Cheap Suit.” The market itself clearly made its opinion known when Google’s parent company, Alphabet, saw its stock jump by almost 11% after the decision was announced. True, the European Union (EU) just hit Google with a nearly $3.5 billion fine for abusing its ad technology tools to monopolize the display advertising business.

Get the Android app