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Google can keep its Chrome browser but will be barred from exclusive contracts

(www.cnbc.com)
858 points colesantiago | 3 comments | 02 Sep 25 20:26 UTC | HN request time: 0.001s | source
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stefan_ ◴[02 Sep 25 20:49 UTC] No.45108847[source]▶
When the stock pops 10% on the announcement you got your antitrust enforcement wrong.
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xyzzy9563 ◴[02 Sep 25 20:56 UTC] No.45108934[source]▶
Do you think it's better if all companies with competitive moats have a collapse in share price? I'm not really understanding what you're implying here.
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stefan_ ◴[02 Sep 25 21:02 UTC] No.45109001[source]▶
I don't understand. The court has ruled this already a year ago:

> Google is a monopolist, and it has acted as one to maintain its monopoly

What should be the effect of antitrust enforcement to a monopolists share price? We are looking at something structural after all.

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xyzzy9563 ◴[02 Sep 25 21:07 UTC] No.45109067[source]▶
Why should shareholders have to suffer just because the Google engineers were good at their job?
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stackskipton ◴[02 Sep 25 21:12 UTC] No.45109127[source]▶
The verdict makes it's clear that Google got to its position via anti competitive practices which are illegal.

However, for whatever reason, the judge decided that penalty was basically slap on the wrist and finger wagging.

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1. xyzzy9563 ◴[02 Sep 25 21:20 UTC] No.45109200[source]▶
Everyone is free to make their own search engine. The consumers choose Google time and time again.
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2. stackskipton ◴[02 Sep 25 21:25 UTC] No.45109267[source]▶
It was shown time and time again, defaults are what most consumers will use even if better alternatives exist. A ton of Bing market share comes from Edge pushing it so hard.

Google would not spend all this money with Apple/Firefox if they knew that customers would use Google without being forced into it. Since they won't change search engines, Google realized they need to force it.

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3. Workaccount2 ◴[02 Sep 25 21:42 UTC] No.45109467[source]▶
Gen Z has been pretty good at ignoring the default and using ChatGPT for everything.