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

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

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

Georgia DA Investigating Trump for 2020 Election Interference Says Charging ‘Decisions Are Imminent' After Grand Jury Report

"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,

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:

 /  🏆 569. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

😄

Government needs money

The attack on achievement is widely popular. Government should not be attacking companies for doing well

United States United States Latest News, United States United States Headlines

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

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!
Source: nypost - 🏆 91. / 67 Read more »

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
Source: Reuters - 🏆 2. / 97 Read more »