US sues Google over dominance of online ad market

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 66%

Argentina Noticias Noticias

Argentina Últimas Noticias,Argentina Titulares

WASHINGTON: The US Justice Department sued Google on Tuesday (Jan 24) for its dominance of the online advertising market, launching a fresh legal battle against the California-based tech giant. The case was the second federal lawsuit against Google over alleged antitrust violations and the first since US P

WASHINGTON: The US Justice Department sued Google on Tuesday for its dominance of the online advertising market, launching a fresh legal battle against the California-based tech giant.

In this latest suit, prosecutors took aim at Google's extremely profitable advertising business, asking that it be broken up to level the playing field for other companies. "Google has used anticompetitive, exclusionary, and unlawful means to eliminate or severely diminish any threat to its dominance over digital advertising technologies," the suit added.

"In pursuit of outsized profits, Google has caused great harm to online publishers and advertisers and American consumers," said Deputy US Attorney General Lisa Monaco in a statement. "Today's lawsuit from the DOJ attempts to pick winners and losers in the highly competitive advertising technology sector," a Google spokesperson said in an email.

"The government's contention that digital ads aren't in competition with print, broadcast, and outdoor advertising defies reason," CCIA said in a statement.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 6. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

US sues Google on ad tech business, joined by eight states: Court filingWASHINGTON: The US Justice Department filed a lawsuit against Alphabet's Google on Tuesday (Jan 24) over allegations that the company abused its dominance of the digital advertising business, according to a court document. 'Google has used anticompetitive, exclusionary, and unlawful means to eliminate or s please sue Microsoft
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »