( March 3, 2025, 00:07 GMT | Official Statement) -- MLex Summary: The US federal court hearing remedy proposals in the US Department of Justice's Internet search monopolization lawsuit against Google should adopt a more measured initial approach targeting the specific anticompetitive conduct rather than "immediate structural intervention," according to a paper by the New Phoenix Center Economic Analysis, "Measured Steps: Option Value Theory and Google Antitrust Remedies." It says the recommendation stems from the weak causal evidence linking the agreements to Google’s market position or quality of its products, the irreversibility of structural remedies, and the significant uncertainty surrounding both the effectiveness of proposed remedies and the future evolution of search markets, particularly given the emergence of Artificial Intelligence. "Maintaining flexibility through targeted behavioral remedies, while preserving the option for more aggressive intervention if needed, likely better serves the goals of antitrust enforcement in this and similar cases," the Phoenix Center said.Statement follows. See attached document....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.