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DOJ Files Antitrust Suit Against Google to Break up Its Ad Business

LewisBraham
edited January 2023 in Other Investing
https://npr.org/2023/01/24/1151055903/doj-files-second-antitrust-suit-against-google-seeks-to-break-up-its-ad-business
The Justice Department and eight states on Tuesday filed a lawsuit against Google over its digital advertising business, claiming the tech giant illegally monopolizes the market for online ads.

It is the second antitrust suit federal authorities have brought against the company's advertising empire, which has for years been under scrutiny over allegations of self-dealing and choking off competitors.

"For 15 years, Google has pursued a course of anticompetitive conduct that has allowed it to halt the rise of rival technologies, manipulate auction mechanics, to insulate itself from competition, and force advertisers and publishers to use its tools," said Attorney General Merrick Garland at a press conference announcing the lawsuit.

Comments

  • CrashCrash
    i don't understand the ins and outs of that ad stuff. i never click on them, anyhow. I hope Ticketmaster gets a good big dose of crow dung to eat from Congress. Outrageous, that crap. Google is a behemoth, it's true. cut them down to size.
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