Post #108 by FishBulb on the Alphabet board

Stocks A to Z / Stocks G / Alphabet (GOOG)

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https://www.cnn.com/2024/08/05/business/google-los...

The decision by the US District Court for the District of Columbia is a stunning rebuke of Google’s oldest and most important business. The company has spent tens of billions of dollars on exclusive contracts to secure a dominant position as the world’s default search provider on smartphones and web browsers.

Those contracts have given it the scale to block out would-be rivals such as Microsoft’s Bing and DuckDuckGo, the US government alleged in a historic antitrust lawsuit filed during the Trump administration.

My gut tells me this sounds worse than it is. If forced to select a default search engine, I suspect most people would still select google for the name recognition. People who would want something different are probably already using something else. I personally use DuckDuckGo.

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