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Microsoft spent $100 billion to prevent Google monopoly, says CEO Satya Nadella
5 Oct, 2023 / 07:35 AM / Microsoft

Source: http://www.mashable.com

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Mashable: Nadella stated that Microsoft has made a substantial investment of $100 billion in Bing, with the aim of challenging Google's dominance in the search market.

The Chief Executive Officer of Microsoft, Satya Nadella, provided testimony during an antitrust trial conducted by the United States Department of Justice. The DOJ has commenced an inquiry into Google, asserting that the corporation had exploited its dominant market position to establish a monopoly within the search industry.

During his testimony, Nadella stated that Microsoft has made a substantial investment of $100 billion in Bing, with the aim of challenging Google's dominance in the search market and preventing the company from establishing a monopoly. Nadella argued that Google's control over search has negative consequences for both consumers and businesses.

Furthermore, Nadella asserted that Google exploits its market power to suppress competition and hinder innovation. He also contended that Google's search results exhibit bias in favor of its own products and services, granting the company an unfair advantage over its competitors. This bias, according to Nadella, undermines fair competition in the search market, reports GizmoChina.

The significance of Nadella's testimony lies in its provision of rare insights into Microsoft's strategy for challenging Google in the search market. It is noteworthy that Nadella is willing to publicly criticize Google, despite the fact that the two companies are major rivals.

The impact of Nadella's testimony on the Department of Justice's antitrust case against Google remains uncertain at this stage. However, it is plausible that his testimony could bolster the DOJ's case and enhance the likelihood of Google being found guilty of antitrust violations.

Additionally, it is important to acknowledge that Nadella's testimony coincides with reports suggesting that Microsoft is contemplating a significant investment in Apple's search engine. Such an investment would be viewed as a substantial escalation in Microsoft's efforts to compete with Google.