Google CEO says proposed antitrust fix would discourage innovation

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Google would be discouraged to invest in search engine technology if antitrust enforcers succeed in their bid to make the company share data with rivals, the company’s CEO Sundar Pichai testified on Wednesday morning at a trial in Washington. Pichai is testifying in the Alphabet unit’s defense against proposals by the US Department of Justice including selling its Chrome web browser to boost competition among online search providers.

Provisions that would require the company to share its search index and search query data are “extraordinary,” and…



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Google CEO says proposed antitrust fix would discourage innovation


Google would be discouraged to invest in search engine technology if antitrust enforcers succeed in their bid to make the company share data with rivals, the company’s CEO Sundar Pichai testified on Wednesday morning at a trial in Washington. Pichai is testifying in the Alphabet unit’s defense against proposals by the US Department of Justice including selling its Chrome web browser to boost competition among online search providers.

Provisions that would require the company to share its search index and search query data are “extraordinary,” and…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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