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%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

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.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 6. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »