Connect with us

Hi, what are you looking for?

Fibonacci Tech News

Google’s $2.3 million check helped the company get a trial by judge instead of jury

Illustration by Cath Virginia / The Verge

The antitrust lawsuit by the Justice Department and eight states seeking to break up Google’s alleged adtech monopoly will be heard by a judge this fall, as the company preferred. The government’s lawyers had included a damages claim in their lawsuit and pursued a trial by jury. Jury trials can be more unpredictable, like Epic’s courtroom win over Google last year, and a legal expert told The Verge that if the government was successful, it could make Google more likely to settle the case.

But Reuters reports that won’t happen after the company filed a copy of a $2.3 million cashier’s check — without admitting any liability or wrongdoing — that it said would be enough to cover triple the monetary damages requested by the government, if…

Continue reading…

You May Also Like

Fibonacci Stock News

In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond...

Fibonacci Investing News

Chris Edwards Many American cities need more low‐​income housing, but governments reduce supply and raise construction costs with regulations, taxes, and bureaucracy. The Wall...

Fibonacci Tech News

Illustration by Alex Castro / The Verge The question of who gets to regulate crypto has some answers, as a judge has ruled the...

Fibonacci Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...