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by gruez 260 days ago
>They're the only party in the transaction who sees what both parties are willing to pay (imagine on eBay knowing what everyone's max bid was), and sets the algorithm to maximize their take from all parties.

Is there any evidence of them abusing that knowledge? Or was the lawsuit over them having a monopoly and/or anticompetitive practices?

1 comments

I mean, the fact they abused that was illegal and anticompetive, yes. This is not a "they are big" problem, it's a "they're big and doing illegal price fixing with it".

Also, note that Google was caught intentionally deleting evidence they were ordered by the court to retain.

>I mean, the fact they abused that was illegal and anticompetive, yes. This is not a "they are big" problem, it's a "they're big and doing illegal price fixing with it".

Which case is this?

This is https://en.m.wikipedia.org/wiki/United_States_v._Google_LLC_... in particular.

(Note the separate case which determined Google is running an illegally anticompetitive operation in Search was a separate case which can be referred to as "United States v. Google LLC (2020)" and there is a third case they lost recently, Epic Games Inc. v. Google LLC, which determined Google operates an illegal monopoly with Android as well.)