reports that for the second time in two years, the U.S. Department of Justice has filed an antitrust suit against Google. In 2020, the DOJ took action against Google as the company was accused of using its power in the online search market to get rid of competitors. That case will go to trial in September. Tuesday's action took place because Google dominates the digital ad industry. The government is insisting that Google divest itself of some parts of its online ad business.
Attorney General Merrick Garland announced the suit Tuesday afternoon. The attorney general said,"We allege that Google has used anti-competitive, exclusionary, and unlawful contact to eliminate or severely diminish any threat to its dominance over digital advertising technologies."For the quarter that ended on September 30, Google took in $54.5 billion in advertising revenue.
The complaint said that as a result of Google's domination of the online ad market,"website creators earn less, and advertisers pay more than they would in a market where unfettered competitive pressure could discipline prices and lead to more innovative ad tech tools that would ultimately result in higher quality and lower cost transactions for market participants."
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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!
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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
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DOJ Files Second Antitrust Suit Against Google, Seeks to Break Up Its Ad BusinessThe U.S. Justice Department filed its second antitrust lawsuit against Google in just over two years, this time targeting its advertising business. CNBC The attack on achievement is widely popular. Government should not be attacking companies for doing well Government needs money 😄
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DOJ files second antitrust suit against Google, seeks to break up its ad businessJUST IN: The Justice Department and eight states filed a lawsuit against Google over its digital advertising business. The lawsuit claims that the tech giant illegally monopolizes the market for online ads and systematically stifles competitors. Okay good. Go Brady Go your internal link goes to Pacer login Google is way too big of a company and definitely should be broke up they use their Monopoly as a authoritarianism weapon. Any company that owns hardware or software should not be allowed to own an AD company!
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