At the World Economic Forum, Google’s Chief Investment Officer Ruth Porat expressed optimism about working with President Donald Trump's administration as he begins his second term. Porat highlighted the administration's recognition of technology's potential economic benefits and the intent to eliminate barriers to investment. She noted the opportunity to continue collaboration similar to their previous engagements during Trump's first term. However, this comes amid ongoing antitrust challenges against Google from the Justice Department regarding its market practices, stressing the complex dynamics between the tech giant and governmental oversight.
I think the president and his team have been clear that they see technology as an asset for the country. They want to clear away some impediments to investing.
There's a tremendous amount of opportunity to keep working with him as we did in Trump 1.0.
As Trump begins his second term, Google is also embroiled in multiple antitrust lawsuits with the US Justice Department related to its search and advertising businesses.
Prosecutors under the Biden administration asked a federal judge to force Google to sell off its Chrome business following a ruling that said the company illegally acted as a monopoly.
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