Friday, March 5, 2021

Tag: Google and Big Tech Bought Congress

Google and Big Tech Bought Congress

by Erin Elizabeth, Health Nut News:

Story at-a-glance 

  • Fifty state attorneys general launched an antitrust investigation into Google’s advertising business in September 2019; they are now expanding their probe to include Google’s search and Android businesses as well
  • Google is expanding into banking as well. Through a partnership with Citigroup and a San Francisco University credit union, the company is planning to offer checking accounts tied to Google Pay sometime in 2020
  • So far, the European Union has taken a far stronger stance against Google’s monopoly. In 2018, it fined Google $5 billion for Android antitrust abuse and, in 2017, the company was fined $2.7 billion for unfairly favoring its own shopping service over its competitors