Google is once again trying to seal documents in the antitrust case, including the cashier’s check it offered as a means to buy its way out of a jury trial. That’s how concerned they are with the possible result. As a reminder: to settle the case, Google offered three times the amount of the maximum financial fine that could be imposed. But there is MUCH more they have to fear than what’s ultimately a few minutes of lost income. If the jury finds Google is a monopoly that engaged in anticompetitive practices, the court can: 1. Break up the company; 2. Require it to change business practices; 3. Impose ongoing regulatory oversight and compliance reviews; and/or 4. Set restrictions on future mergers and acquisitions. So this motion? It reeks of fear. 👍🏼
Google is once again trying to seal documents in the antitrust case, including the cashier’s check it offered as a means to buy its way out of a jury trial. That’s how concerned they are with the possible result. As a reminder: to settle the case, Google offered three times the amount of the maximum financial fine that could be imposed. But there is MUCH more they have to fear than what’s ultimately a few minutes of lost income. If the jury finds Google is a monopoly that engaged in anticompetitive practices, the court can: 1. Break up the company; 2. Require it to change business practices; 3. Impose ongoing regulatory oversight and compliance reviews; and/or 4. Set restrictions on future mergers and acquisitions. So this motion? It reeks of fear. 👍🏼
@thatkatieberry Anti trust will have to happen sooner or later. We may be living through figuratively speaking the greatest "Man-in-the-middle" attack from big tech itself, using the cloak of being a household brand.
