Google a ‘monopolist’, says Y Combinator in court brief

Share via:


Startup accelerator and venture capital firm Y Combinator has accused Google of harming the US startup ecosystem by making it harder for new companies to compete. In a filing in an ongoing antitrust case (United States v. Google LLC), YC called Google a “monopolist” that has “stunted” innovation by shutting out potential challengers.

“Google has chilled independent firms like YC from funding and accelerating innovative startups that could otherwise have challenged Google’s dominance,” the brief stated. “The result is a landscape that…



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.

Popular

More Like this

Google a ‘monopolist’, says Y Combinator in court brief


Startup accelerator and venture capital firm Y Combinator has accused Google of harming the US startup ecosystem by making it harder for new companies to compete. In a filing in an ongoing antitrust case (United States v. Google LLC), YC called Google a “monopolist” that has “stunted” innovation by shutting out potential challengers.

“Google has chilled independent firms like YC from funding and accelerating innovative startups that could otherwise have challenged Google’s dominance,” the brief stated. “The result is a landscape that…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Former Tesla, Google engineers raise $4 million for AI-text...

Pangram, a startup founded by former Tesla and...

Former Tesla, Google engineers raise $4 million for AI-text...

Pangram, a startup founded by former Tesla and...

India leads in mobile data usage at 32GB/month, 5G...

India continues to outpace the world in mobile...

Popular

Upcoming Events

afasdfhgsd afasghsd afadshdfgsd afasdfghsd afdfgasd afwreasd aferfgsdgasd aerfasd afaadfsd afasd afaassd