The former CEO of Google on Thursday 22 October 2020 said that social networks are “amplifiers of idiots and crazy”. Mr Eric Schmidt criticized the antitrust lawsuit that the United States Department of Justice filed against the tech giant.
Former Google CEO Eric Schmidt said the “glut” of social media is likely to result in more regulation of Internet platforms in the coming years . In addition, he criticized the way in which these networks are used.
Precisely, this Tuesday the United States Department of Justice sued Google for “abuse of its dominant position” in online searches to “stifle competition and harm consumers” , the most significant judicial action taken by the government against a tech giant since the case against Microsoft more than 20 years ago.
Schmidt, who stepped down from Google’s board in 2019 but remains one of its largest shareholders, said the antitrust suit the U.S. government filed against the company on Tuesday was misplaced, but that overall a may be necessary. greater regulation for social networks.
” The context of social media serving as amplifiers for idiots and crazy is not what we intended ,” Schmidt said at a virtual conference hosted by the Wall Street Journal on Wednesday. “Unless the industry acts together in a really smart way, there will be regulation.”
YouTube, which is part of Google, has tried to reduce the spread of false information about COVID-19 and about US politics over the past year , with not always good results. For their part, Facebook and Twitter have also come under fire in recent years for allowing racist and discriminatory messages to spread online.
Schmidt also clarified that Google’s massive search business, which was the target of the U.S. Department of Justice’s antitrust lawsuit, continues to succeed because people choose them over their competitors, not because it uses its size to block people. smaller rivals.
“I would be careful with those arguments. I just don’t agree with them , ”Schmidt said. “Google’s market share is not 100%,” he added.
Alphabet Inc., the parent company of Google, has a market value of over a trillion dollars and its flagship search engine is by far the most widely used worldwide. Its email and video calling services and web browser are also hugely popular.
“Google is the gateway to the internet and a titan of advertising search,” said Deputy Attorney General Teff Rosen, quoted by the AP agency. “It has maintained its monopoly power through exclusionary practices that are harmful to competition, ” he added. The lawsuit could force the company to make major changes to its structure.
Kent Walker, senior vice president of Global Affairs at Google, was in charge of communicating the company’s response: “The Justice Department’s lawsuit is deeply flawed. People use Google because they choose to do it, not because they are forced or because there are no other alternatives.
” We are confident that the court will conclude that this lawsuit is not in accordance with the facts or the law, ” he added.
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