
Google's Being Sued by the States -- And it doesn't look good for them
Andiswa The Bomb🦋
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<p style="text-align: center;"><strong>Google's Being Sued by the States -- And it doesn't look good for them</strong> <strong>Craig Peterson:</strong> We talked earlier about Amazon and how much trouble they're in right now, Google apparently is in a similar boat. We had just this week, dozens of state attorneys, general suing Google on antitrust grounds.</p> <p>[00:00:16] You can reach me online. Just me. M E Craig peterson.com or what most people do is they just hit reply to my newsletter.</p> <p>[00:00:25] Hopefully you're on my newsletter, right? That goes out every week. If you're on that newsletter you can just hit reply and ask me questions. Any questions you want? I'm more than glad to answer them. I know most of you guys, you're not business people. I am still glad to answer your questions for you to keep you on the right track.</p> <p>[00:00:42] The whole idea here is it's to keep you going. Safer. And if you're a business person, what the heck, maybe I can help you out as well while the here is a problem. And it's a very big problem. We have these absolutely huge companies that are using their market position in order to really control the entire world.</p> <p>[00:01:09] Now it's a very big problem because you have companies that are sitting on billions of dollars in cash who can and do keep their competition out of the market. Now, one of the ways that keep them out, and I've mentioned this before, Microsoft has done this multiple times as lost lawsuits about it, particularly over in Europe, but they find somebody who might be a competitor and they basically squeeze them out of them.</p> <p>[00:01:39] Even though they're not necessarily even a direct competitor. One of the things Facebook does is they buy companies for 10, a hundred times sometimes more. Then they're actually worth, would you take 50 million for your company? That's worth 50 million? You might not.</p> <p>[00:01:56] Would you take 500 million for the company? How about a billion dollars? That's where it starts becoming very questiona
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Google's Being Sued by the States -- And it doesn't look good for them
Andiswa The Bomb🦋