Watch Live: State AGs Unveil Sweeping Anti-Trust Probe Against Google On Steps Of The Supreme Court

Monday, September 9, 2019
By Paul Martin

by Tyler Durden
ZeroHedge.com
Mon, 09/09/2019

Update: During the post-conference Q&A, Paxton revealed that, though their investigation is still in its early days, the AGs have already issued subpoenas related to Google’s digital advertising business.

“If advertising costs are higher…who ends up paying that?” Paxton said.

Asked about coordination with the federal government, Paxton and AG Sean Reyes of Utah, intimated that they had reached out to the FTC but that their response was unsatisfactory.

Washington DC’s AG Karl Racine insisted that their probe wasn’t intended to send a message to Congress, but that the AG’s investigation is an independent action. Later, Paxton said the investigation would be a “very open process” with the states, with each state and the federal government allowed to offer input.

“We’re open to using talent from every office in this country.”

And with that, the AGs ended what was a rather brief Q&A that lasted roughly ten minutes.

* * *

In the latest legal push that could ultimately result in the break-up of one of the world’s largest tech firms, a bipartisan group of more than 40 state attorneys general, led by Texas’s Ken Paxton, will unveil a sweeping anti-trust investigation against Google parent Alphabet Inc.

The anti-trust investigation, which was previewed late last week in a leak to the Wall Street Journal, aims to hold Alphabet accountable for the extreme concentration in the US technology industry. Specifically, the AG’s case will focus on Google’s influence in search and the digital advertising market, and whether the Silicon Valley giant’s overweening influence harms rivals and consumers.

The Rest…HERE

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