Quick Update: Google DOJ Anti Trust Review
from Winner Take All Hosted by Alex Moazed
Great to be on Maria Bartiromo this morning talking about the nothing burger of a case the DOJ just filed against Google. If I’m Jeremy Stoppelman Glenn Fogel Steve Kaufer , I’m very disappointed. Why isn’t the DOJ focusing on how Google takes advantage of its suppliers like Yelp, TripAdvisor, Expedia, Booking. Platform tech monopolies take advantage of their suppliers, not consumers. When Google vertically integrates and charges rent to 3rd party websites, this is where their revenue growth is coming from the past 10+ years. Yet, the DOJ decides to pick a 3 year old fight that the EU already fought and had a lackluster settlement in 2018. Cheers to having a 3+ year legal battle to get a few billion dollar settlement and a search engine auction system? What a wasted opportunity. Alexander Okuliar Aaron Hoag fyi - the key is that suppliers = customers. Yelp, Trip, Expedia, Booking are all customers of Google. Google takes advantage of them. Follow the money!
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