‘Slap on the wrist’: critics decry weak penalties on Google after landmark monopoly trial
In a landmark monopoly trial, a judge ruled that Google would not be forced to sell its Chrome browser or the Android operating system, despite finding the tech giant had built and maintained an illegal monopoly with its search engine. Critics accused the judge of handing down a "slap on the wrist" and missing an opportunity to enact meaningful change in an industry dominated by Google. They argued the ruling failed to address the company's outsized influence in internet search and online advertising. In contrast, tech industry groups and investors welcomed the decision, with Alphabet's stock price rising 9% since the ruling. The case highlights the ongoing debate over how to regulate major tech companies and the difficulty in imposing substantial penalties, even when monopolistic practices have been identified.
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