Google Agrees to Pay $118 Million to Settle Pay Discrimination Case
New York TimesJUL 2022
Report: US DOJ Prepping Anti-Trust Lawsuit Against Google
Image copyright: Getty Images [via NY Post]
The Spin
Pro-establishment narrative
Google is using its market power to crush competition and impede innovation. For far too long Big Tech companies have had vast amounts of unchecked power and influence. Even if this lawsuit is unsuccessful, it's still a step in the right direction toward challenging the power of Big Tech.
Establishment-critical narrative
Although Google dominates web search-based ads, it doesn't have a monopoly on the digital ad market; it actually faces stiff competition from other tech firms. To meaningfully increase competition as the DOJ seemingly seeks to do, Google would have to be broken into fragments, which would hinder technology and inconvenience users.
Metaculus Prediction
There's a 50% chance that Google will be supplanted as the top search engine in the US by market share by 2056, according to the Metaculus prediction community.
