Thursday, July 4, 2024 06:09 PM
Google faces an antitrust lawsuit over alleged adtech monopoly, preferring a non-jury trial. Unlikely to settle, Google submits $2.3 million cashier's check.
Google is facing an antitrust lawsuit filed by the Justice Department and eight states, aiming to break up the alleged adtech monopoly held by the tech giant. The case is set to be heard by a judge this autumn, following Google's preference for a non-jury trial to avoid unpredictability in the proceedings.
The government's legal team initially sought damages and a jury trial, citing the recent case where Epic Games emerged victorious against Google. A legal analyst has indicated that a favorable outcome for the government could push Google towards considering a settlement.
However, recent reports from Reuters suggest that Google is unlikely to settle, as the company has already submitted a $2.3 million cashier's check to cover potential damages, along with interest, without admitting any wrongdoing.
The antitrust lawsuit against Google is a significant legal battle that could have far-reaching implications for the tech industry. As the case unfolds in the coming months, the outcome will be closely watched by industry experts and consumers alike to see how it may impact the future of online competition and market dominance.