Louisiana Joins Multi-State Antitrust Suit Against Google [VIDEO]
Louisiana Attorney General Jeff Landry talks about the coalition of AGs from eleven states joining in an antitrust suit against internet giant Google.
Attorney General Jeff Landry – along with the United States Department of Justice and ten other state Attorneys General – filed a civil antitrust lawsuit to prevent Google from unlawfully maintaining monopolies through anticompetitive and exclusionary practices in the search and search advertising markets.
“Google has grown into a big tech monopoly that has stifled competition," Landry explains, "Without competition, we do not have capitalism; and without capitalism, we do not have America.
"We have spoken many times...probably dating back eighteen months, when I first raised the alarm of the growing power and scope and reach of these platforms. This is a long time coming. We had a big, bi-partisan coalition that investigated their practices that Google had been engaged in."
And the AG explains the difference between being a monopoly and being the best in your field. "It's a virtual marketplace...where one company basically owns the fence, owns the gate, determines who comes through that gate, who gets to sell inside of it and what they get to sell."
In an earlier release, Landry made this official statement:
"As one of the wealthiest companies on the planet with a market value of $1 trillion, Google is the monopoly gatekeeper to the internet for billions of users and countless advertisers worldwide. For years, Google has accounted for almost 90% of all search queries in the United States and has used anticompetitive tactics to maintain and extend its monopolies in search and search advertising."
The other states involved in the suit are Arkansas, Florida, Georgia, Kentucky, Indiana, Mississippi, Missouri, Montana, South Carolina, and Texas.
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