In recent court testimony, Alphabet CEO Sundar Pichai asserted that a government proposal to mandate sharing of Googleâs search data with competitors would effectively strip the company of its core intellectual property. Pichai described the proposal as extreme and warned that it could inhibit Googleâs ability to compete and innovate. The government seeks to remedy alleged monopolistic practices by demanding divestiture of certain assets and licensing data, but Pichai highlighted potential adverse impacts on consumers, the economy, and U.S. technological leadership, arguing that the remedies might produce unintended consequences.
Pichai warned that forcing Google to share search data with rivals could undermine its search engine, likening it to a de facto divestiture of intellectual property.
The proposal by the Justice Department is seen as too extreme, with Pichai arguing that it could stifle competition and innovation within Google's platforms.
During his testimony, Pichai argued that the government's antitrust remedies could lead to unintended consequences, affecting Googleâs ability to invest in R&D.
Collection
[
|
...
]