Google CEO Sundar Pichai wrote in a blog post Wednesday, February 26, that the company is investing more than US$10 billion this year in data centers and offices across the United States. The move comes as Google faces increased scrutiny from US regulators.
According to CNBC, leaders of the House Judiciary Committee in September requested documents from the company, raising antitrust concerns. The Federal Trade Commission announced in February that it’s examining prior acquisitions made by Google parent Alphabet. And the Department of Justice in July announced a broad antitrust review of Big Tech.
Google will spend the money to expand its presence in Colorado, Georgia, Massachusetts, Nebraska, New York, Oklahoma, Ohio, Pennsylvania, Texas, Washington, and California, Pichai said.
“Everywhere we invest, we strive to create meaningful opportunities for local communities,” Pichai wrote.
He cited a data center in Pryor, Oklahoma. “Last year, I visited Pryor to announce a $600 million investment, our fourth expansion there since 2007,” said Pichai. “It felt like the whole community came out to welcome us, from small business owners to teachers to Google employees.”
New office and data center projects in 2020 will “create thousands of jobs—including roles within Google, construction jobs in data centers and renewable energy facilities, and opportunities in local businesses in surrounding towns and communities,” according to Pichai.
“We look forward to continuing this progress in the year ahead,” he said.
Full Content: CNBC
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
UK’s CMA Investigates Education Software Company for Market Abuse
May 14, 2024 by
CPI
Schumer Urges FTC Caution on Chevron’s $53B Hess Deal Over Gas Price Fears
May 14, 2024 by
CPI
Amazon Urges US Judge to Block FTC Probe into Data Preservation
May 14, 2024 by
CPI
Colorado Makes History: First State to Enact Comprehensive AI Legislation
May 14, 2024 by
CPI
Class Action Settlement Reached in Cheerleading Monopoly
May 14, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI