Yelp CEO Is Encouraged by U.S. Antitrust Case Against Google
- Stoppelman says suit is vindication for long monopoly battle
- CEO sees better fourth quarter even without Covid-19 vaccine
Jeremy Stoppelman
Photographer: Jin Lee/Bloomberg
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Yelp Inc. Chief Executive Officer Jeremy Stoppelman has long been convinced that Google has a monopoly in the internet search market and said a recent U.S. antitrust case against the company validates his position.
“We’re very encouraged by that,” Stoppelman said in an interview on Bloomberg TV Wednesday. “Google has behaved illegally and has leveraged its monopoly in ways that are destructive to innovation and competition. It’s bad for consumers, bad for small business owners.”