News

There is no expectation to open, The U.S. Department of Justice v. Google until 2023

As per the reports Beijing time, US Judge Amit Mehta said at a hearing on Friday that the antitrust lawsuit initiated by the US Department of Justice against Google is likely to be held until the end of 2023. Trial.

Both the prosecution and the defense believe that the case may not be opened until the aforementioned time. Mehta set September 12, 2023, as the tentative date for the trial of this case.

This proposed timetable means that the antitrust litigation battle between Google and the US government will continue for a long time.

Google is currently facing three lawsuits from the U.S. Attorneys General and the U.S. Department of Justice, some of which may be tried in parallel. On the other side, the US government’s review of Google’s business is likely to continue for several years, and it will take a long time for the court to order any possible changes.

In the short term, this is good news for Google investors because they do not have to worry that the company may immediately need to make structural changes such as divesting key business units, which will damage the company’s value. But this also means that in the next few years, Google will be distracted due to having to deal with lawsuits and therefore may be reluctant to enter the new business fields and make large-scale acquisitions.

According to Mehta, at a previous hearing that he hopes to advance the case quickly. However, judging from the above-proposed timetable, even if the trial process proceeds relatively quickly, it may take several years. An attorney for the US Department of Justice estimated that the trial may last 10 to 12 weeks.

But according to Google’s attorney, he expects the trial to take a much shorter time. Mehta stated that the time frame he set for the trial procedure of this case was ‘over or under’ 5 and a half weeks.

(via)

The Latest

To Top