EU regulators may demand Google to sell part of ad-tech business - source

📆 6/13/2023 4:50 AM
📰 Reuters

⏱ Reading Time:
11 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 97%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

European Union antitrust regulators may order Alphabet Inc's Google to sell a part of its advertising-technology business, a source with direct knowledge of the matter told Reuters on Monday.

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew KellyGoogle to sell a part of its advertising-technology business, a source with direct knowledge of the matter told Reuters on Monday.

In 2022, the Commission launched an investigation into Google's sweeping presence at almost all levels of the supply chain for online display advertising, expressing concern about its dominant position.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EU weighs push to break up Google’s ad-tech business: WSJEuropean Union regulators were weighing whether to dismantle search giant Google’s ad-tech business on anti-competitive grounds, the Wall Street Journal...
Source: MarketWatch - 🏆 3. / 97 Read more »

Vivendi’s Media & Entertainment Empire Set For Major Expansion As European Commission Approves Lagardère AcquisitionThe European Commission has given the greenlight for French conglom Vivendi’s acquisition of the Lagardère Group. The acquisition will make the Paris-based group one of the biggest media and entert…
Source: DEADLINE - 🏆 109. / 63 Read more »