The post Google to challenge court’s monopoly verdict in search battle appeared on BitcoinEthereumNews.com. Google is appealing the court’s decision that it monopolizedThe post Google to challenge court’s monopoly verdict in search battle appeared on BitcoinEthereumNews.com. Google is appealing the court’s decision that it monopolized

Google to challenge court’s monopoly verdict in search battle

Google is appealing the court’s decision that it monopolized its online search and advertising businesses. In the meantime, the firm has also filed a notice to postpone the court order requiring it to share its data with rival firms as a remedy for its illegal monopoly. 

Alphabet’s owned search engine firm filed the appeal on Friday alongside the request to pend the implementation of the remedies to reduce its competitiveness against other search engine firms. The U.S. Court of Appeals is likely to hear the case, which, based on statistics, may take about a year to issue a decision after the appeal notice. This means if the appeal goes through, Google still has about a year to continue its operations without sharing data with rival firms. 

Google asks a U.S. Court Judge to postpone the ruling to share data with rivals

U.S. District Court Judge Amit Mehta ruled in 2024 that Google used unlawful tactics to maintain a monopoly against other search engine firms in the online search and advertising business. The case was first filed in 2020 during Trump’s first term before entering trial in the fall of 2023.  

According to Mehta’s ruling, Google signed deals with smartphone companies, including Samsung Electronics Inc. and Apple Inc., to make Google’s search engine the default. The search engine firm pays roughly $20 billion for those deals, which denied other companies key distribution channels.

The U.S. Justice Department filed to sell Google’s Chrome browser, a move Judge Mehta rejected in a second trial held last year. Instead, Mehta ruled that Google must continue to pay for its search engine and AI apps to be the default on its smartphone partners, but with the condition that the deals be rebid annually to allow its competitors an equal opportunity to compete. 

Additionally, Google was asked to share its company data with rivals. According to a Cryptopolitan report, the U.S. District Court ordered the firm to begin sharing specific data with its rivals, excluding exclusive deals that secure its default status on devices. The ruling meant that competitors, especially AI companies developing their own search engines, such as OpenAI, Anthropic, and Perplexity, may directly benefit from Google’s market insights.

Mulholland says the Court ignored the fact that people use Google willingly

Google confirmed that it’s prepared to do everything in its power to overturn the ruling that would require it to share its trade secrets while the appeal is pending. The firm believes that the remedies imposed by the court were unwarranted and should never have been imposed in the first place. As of now, the U.S. Justice Department and other complainants have until February 3 to appeal Mehta’s ruling, which rejected strong remedies such as the sale of its Chrome browser and its Android partnerships. 

According to Mulholland, Mehta’s ruling discounted compelling testimony from browser makers like Apple and Mozilla, who confirmed that they chose to feature the Alphabet firm because it provides the highest quality search experience for its consumers. 

Alphabet’s stock price has dropped 1% following the announcement, trading at $330.34 at the time of publication. The stock has also recorded an approximately 78% increase since July, with the acceleration in September following the ruling, and investors hope that the firm will take the lead in the AI search business. 

Claim your free seat in an exclusive crypto trading community – limited to 1,000 members.

Source: https://www.cryptopolitan.com/google-is-appealing-to-overturn/

Market Opportunity
Union Logo
Union Price(U)
$0.002644
$0.002644$0.002644
-4.72%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trust Wallet issues security alert: It will never ask users for their mnemonic phrase or private key.

Trust Wallet issues security alert: It will never ask users for their mnemonic phrase or private key.

PANews reported on January 17 that Trust Wallet issued a security warning on its X platform, stating that it will never ask users for their mnemonic phrases or
Share
PANews2026/01/17 21:10
Crypto Market Cap Edges Up 2% as Bitcoin Approaches $118K After Fed Rate Trim

Crypto Market Cap Edges Up 2% as Bitcoin Approaches $118K After Fed Rate Trim

The global crypto market cap rose 2% to $4.2 trillion on Thursday, lifted by Bitcoin’s steady climb toward $118,000 after the Fed delivered its first interest rate cut of the year. Gains were measured, however, as investors weighed the central bank’s cautious tone on future policy moves. Bitcoin last traded 1% higher at $117,426. Ether rose 2.8% to $4,609. XRP also gained, rising 2.9% to $3.10. Fed Chair Jerome Powell described Wednesday’s quarter-point reduction as a risk-management step, stressing that policymakers were in no hurry to speed up the easing cycle. His comments dampened expectations of more aggressive cuts, limiting enthusiasm across risk assets. Traders Anticipated Fed Rate Trim, Leaving Little Room for Surprise Rally The Federal Open Market Committee voted 11-to-1 to lower the benchmark lending rate to a range of 4.00% to 4.25%. The sole dissent came from newly appointed governor Stephen Miran, who pushed for a half-point cut. Traders were largely prepared for the move. Futures markets tracked by the CME FedWatch tool had assigned a 96% probability to a 25 basis point cut, making the decision widely anticipated. That advance positioning meant much of the potential boost was already priced in, creating what analysts described as a “buy the rumour, sell the news” environment. Fed Rate Decision Creates Conditions for Crypto, But Traders Still Hold Back Andrew Forson, president of DeFi Technologies, said lower borrowing costs would eventually steer more money toward digital assets. “A lower cost of capital indicates more capital flows into the digital assets space because the risk hurdle rate for money is lower,” he noted. He added that staking products and blockchain projects could become attractive alternatives to traditional bonds, offering both yield and appreciation. Despite the cut, crypto markets remained calm. Open interest in Bitcoin futures held steady and no major liquidation cascades followed the Fed’s decision. Analysts pointed to Powell’s language and upcoming economic data as the key factors for traders before building larger positions. Powell’s Caution Tempers Immediate Impact of Fed Rate Move on Crypto Markets History also suggests crypto rallies after rate cuts often take time. When the Fed eased in Dec. 2024, Bitcoin briefly surged 5% cent before consolidating, with sustained gains arriving only weeks later. This time, market watchers are bracing for a similar pattern. Powell’s insistence on caution, combined with uncertainty around inflation and growth, has kept short-term volatility muted even as sentiment for risk assets improves. BitMine’s Tom Lee this week predicted that Bitcoin and Ether could deliver “monster gains” in the next three months if the Fed continues on an easing path. His view echoes broader expectations that liquidity-sensitive assets will outperform once the cycle gathers pace. For now, the crypto sector has digested the Fed’s move with restraint. Traders remain focused on signals from the central bank’s October meeting to determine whether Wednesday’s step marks the beginning of a broader policy shift or just a one-off adjustment
Share
CryptoNews2025/09/18 13:14
Trust Wallet Alerts Users After Security Incident

Trust Wallet Alerts Users After Security Incident

The post Trust Wallet Alerts Users After Security Incident appeared on BitcoinEthereumNews.com. Key Points: Trust Wallet issues alert after $7 million theft from
Share
BitcoinEthereumNews2026/01/17 21:43