Google CEO Says Antitrust Trials Will Take Years

Google CEO Sundar Pichai stated that the company's antitrust battles with the US Justice Department will take 'many years' to resolve, emphasizing that these legal challenges do not pose an immediate threat to Google's business. The ongoing trials involve allegations that Google maintains illegal monopolies in both the digital advertising market and online search, with Judge Amit Mehta indicating that a ruling on the search case's remedies phase is expected by next summer. Pichai expressed disagreement with the court's findings and confirmed that Google will appeal, highlighting the contrast between the slow legal process and the rapid evolution of the tech industry. He mentioned that the company is actively focusing on artificial intelligence developments. Pichai downplayed the risks posed by regulatory scrutiny, asserting that such oversight is inherent to a company of Google's scale. Analysts have warned that these antitrust challenges could lead to significant uncertainty for Google in the near term.