Google Used Anticompetitive Tactics in Search, DOJ Says

The transcript discusses antitrust issues related to Google, focusing on the Sherman Act and the need to prove anti-competitive practices. It compares Google's situation with historical cases like AT&T and Microsoft, highlighting the challenges and rarity of breaking up monopolies. The market's reaction to the antitrust actions is explored, noting that Google's stock rose despite initial fears. The discussion also covers the legal and political implications, including the involvement of the DOJ and bipartisan support for addressing big tech monopolies.

What is illegal under U.S. law regarding monopolies?

• Using anti-competitive means to gain or maintain a monopoly

• Being a monopoly

• Selling products at a high price

• Having a dominant market position

What was the outcome of the AT&T antitrust case in the 1980s?

• AT&T was fined heavily

• AT&T was broken up into smaller companies

• AT&T merged with another company

• AT&T continued its operations without changes

How did the Microsoft antitrust case in the 1990s conclude?

• Microsoft was broken up

• Microsoft faced behavioral modifications

• Microsoft was fined and continued as before

• Microsoft merged with another company

What is a structural remedy in antitrust cases?

• Fining the company

• Breaking up the company or separating its operations

• Imposing new taxes on the company

• Allowing the company to continue without changes

What political dimension is involved in the Google antitrust case?

• No political parties are involved

• Only Democrats support breaking up big tech

• Only Republicans support breaking up big tech

• There is bipartisan agreement on addressing big tech issues