00:00It's Benzinga bringing Wall Street to Main Street.
00:02Google said it plans to appeal a federal judge's antitrust decision
00:05that proposed milder remedies for restoring online search competition
00:09than those recommended by regulators.
00:11According to Reuters, the company maintains that the original ruling
00:13was flawed and expressed confidence in its upcoming appeal.
00:17The DOJ and several states seek structural changes,
00:19including divesting Google Ad Manager,
00:21ending default search payments,
00:23and sharing search data to restore competition.
00:25Google attorney John Schmidltein argued that the company
00:28has eased competition concerns in AI
00:31by ending exclusive deals with smartphone makers like Samsung.
00:34He said this allows rivals search and AI apps
00:36to be preloaded on new devices,
00:38promoting more market choice.
00:40For all things money, visit Benzinga.com slash GSTV.
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