DOJ's new suit puts Google's ad business at risk

  • 📰 axios
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The Department of Justice's new suit against Google brings to a crescendo an antitrust campaign against tech's most powerful giants.

, filed Tuesday, brings to a crescendo an antitrust campaign against tech's most powerful giants that has consumed both Washington and Silicon Valley for half a decade — and is likely to take just as long for courts to resolve.There's no guarantee that this latest case, even if the DOJ wins it all, would end or even limit the company's dominance of the online ad industry.

The DOJ alleges that the acquisition and Google's subsequent behavior brought the company overwhelming power in the online ad market that it used to illegally shut out competitors and worsen experiences for advertisers and users."Google has engaged in exclusionary conduct that has severely weakened, if not destroyed, competition in the ad tech industry," Attorney General Merrick Garland told reporters today.

Google's ad programs "help publishers make money to fund their websites, apps and videos — which helps Internet users access a wide range of free content," Dan Taylor, Google's VP of global ads, wrote in"We’ve spent years building and investing in our advertising technology business to support a vibrant, open web. We will vigorously contest attempts to break tools that are working for publishers, advertisers, and people across America.

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:

 /  🏆 302. in ZA
 

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

so weird how nancypelosi knew to sell all that google stock huh?

South Africa South Africa Latest News, South Africa South Africa 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 »

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 😄
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »