Google is one of America’s most successful, profitable and dynamic companies of the 21st century – and arguably over the entire span of U.S. history. It has delivered costless information and unleashed innovation that has led to extraordinary benefits for the U.S. economy, U.S. investors, and U.S. consumers.

Amazingly, the courts effectively agreed that Google captured its near 90% market share by providing a far superior product.

But a recent U.S. District Court ruling has charged the company with violating antitrust statutes despite rapidly FALLING costs.  Hey! isn’t this the opposite of price gouging?

Now, the Biden Justice Department (and the courts) may require Google to split off Android, Chrome or other parallel services Google provides. These cease-and-desist orders will NOT help consumers and will only weaken a company that constantly lowers costs to consumers and adds many hundreds of billions of dollars in wealth to American shareholders and retirees. Americans OWN Google.

The net effect of these proposals would be to kneecap Google in ways that would hamstring the company, harm American consumers, and undermine the competitive foundations of the U.S. economy.

Read the latest UP study here: