DOJ Files Second Antitrust Suit Against Google, Seeks to Break Up Its Ad Business

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The U.S. Justice Department filed its second antitrust lawsuit against Google in just over two years, this time targeting its advertising business. CNBC

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"Google would no longer have to compete on the merits; it could simply set the rules of the game to exclude rivals," they allege. They also claim Google acquired other companies, including its 2008 acquisition of publisher ad server DoubleClick and and a"nascent ad exchange" that would become Google's AdX, to grow its power in the market and"set the stage for Google's later exclusionary conduct across the ad tech industry."

"In effect, Google was robbing from Peter to pay Paul , all the while collecting a hefty transaction fee for its own privileged position in the middle," the enforcers allege."Rather than helping to fund website publishing, Google was siphoning off advertising dollars for itself through the imposition of supra-competitive fees on its platforms.

The DOJ Antitrust Division's progressive chief, Jonathan Kanter, had recently been cleared to work on Google-related matters,

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DOJ poised to sue Google over digital ad market dominanceThe Justice Department is poised to sue Alphabet Inc’s Google as soon as Tuesday regarding its dominance over the digital advertising market. Whatever!
منبع: nypost - 🏆 91. / 67 ادامه مطلب »

DOJ poised to sue Google over digital ad market dominance - Bloomberg NewsThe U.S. Justice Department is poised to sue Alphabet Inc's Google as soon as Tuesday regarding its dominance over the digital advertising market, Bloomberg News reported on Monday, citing people familiar with the matter. what does everyone think that we actually want or like adds ? 10% for the BigGuy AI and Robotics are rapidly changing the world of work. As tech advances, much is unknown about the future of human jobs in this industry. LiveInTheMoment PressForChange FutureTech
منبع: Reuters - 🏆 2. / 97 ادامه مطلب »