Churchill Capital V logo

CCV - Churchill Capital V News Story

$10.02 0.0  0.1%

Last Trade - 10/05/21

Sector
Financials
Size
Mid Cap
Market Cap £492.5m
Enterprise Value £491.5m
Revenue £n/a
Position in Universe 3231st / 6854

UPDATE 1-Google at odds with U.S. over protective order for firms tied to lawsuit

Sat 14th November, 2020 2:03am
(Adds comment from government filing)
    WASHINGTON, Nov 13 (Reuters) - Alphabet Inc's Google
 GOOGL.O  and the U.S. Justice Department have failed to reach
agreement over a protective order for third parties like
Microsoft that provided data to the government for its lawsuit
against the search and advertising giant.
    Google is pressing for two in-house attorneys to have access
to the confidential data while the Justice Department and state
attorneys general involved in the lawsuit have disagreed, Google
said in a court filing on Friday.
    Google stated it needed the information to prepare an
effective defense. It offered to ensure that any confidential
information would be made available solely to two in-house
attorneys at the offices of Google's outside counsel or in
another secure manner, adding that it would promptly report any
disclosure.
    The government said in a separate filing that allowing
Google's staff attorneys to review "strategic plans related to
rival voice assistants, and other commercially sensitive
information" was dangerous because they could misuse the
information to squash potential competition. 
    The government also said that highly confidential files in
the last big technology antitrust case, which involved Microsoft
Corp  MSFT.O  about 20 years ago, were only available to the
company's outside counsel.
    The companies whose documents are in dispute in the Google
case also include Oracle Corp  ORCL.N , AT&T Inc  T.N ,
Amazon.com  AMZN.O , Comcast Corp  CMCSA.O  and others. They
have until next Friday to make their proposals for the terms of
a protective order.  urn:newsml:reuters.com:*:nL1N2HY029
    Judge Amit Mehta of the U.S. District Court for the District
of Columbia is hearing the Justice Department's case against
Google. The government sued Google in October, accusing the $1
trillion company of illegally using its market muscle to hobble
rivals in the biggest challenge to the power and influence of
Big Tech in decades.  urn:newsml:reuters.com:*:nL1N2HB0EX

 (Reporting by Diane Bartz; Additional reporting by Paresh Dave
in San Francisco; Editing by Leslie Adler)
 ((Diane.Bartz@thomsonreuters.com; 1 202 898 8313;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.