Google Settles Massive Antitrust Lawsuit: A Pricey Resolution

After years of battling antitrust lawsuits, Google has settled with multiple shareholders to avoid protracted litigation. Since 2021, Google has faced numerous lawsuits alleging monopolistic practices, culminating in recent high-profile losses against Epic Games and the US Department of Justice. These defeats expose Google to billions in fines and necessitate significant business restructuring. The settlement likely entails opening Google Play, sharing advertising data, licensing its search index, and potentially even divesting the Chrome browser. This costly resolution aims to mitigate further legal battles and address the damage caused by its antitrust woes.