Alphabet Inc's Google said on Wednesday it believes the complaint from the U.S. Department of Justice accusing the company of abusing its dominance in digital advertising is 'without merit'.
Google said on Wednesday it believes the complaint from the U.S. Department of Justice accusing the company of abusing its dominance in digital advertising is "without merit".said Google should
be forced to sell its ad manager suite, tackling a business that generated about 12% of Google's revenue in 2021 while also playing a vital role in the search engine and cloud company's overall sales. Google, which depends on its advertising business for about 80% of its revenue, said the government was "doubling down on a flawed argument that would slow innovation, raise advertising fees and make it harder for thousands of small businesses and publishers to grow."
The federal government has said its Big Tech investigations and lawsuits are aimed at leveling the playing field for smaller rivals who are up against a group of powerful companies that include Amazon.com
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Justice Department files antitrust lawsuit against Google over digital advertisingThe Justice Department has filed an antitrust lawsuit against Google over its online advertising business, long a dominant presence in the world of internet ads.
Weiterlesen »
Justice Department sues Google over dominance in online advertisingThe Justice Department filed its second lawsuit against search giant Google Tuesday, this time over the company's dominance in online advertising.
Weiterlesen »
Justice Department, several states sue Google over digital advertising dominanceThe government alleges that Google’s plan to assert dominance has been to “neutralize or eliminate” rivals through acquisitions and to force advertisers to use its products by making it difficult to use competitors’ products.
Weiterlesen »
The Justice Department is suing Google to break up its ad business | EngadgetThe US Department of Justice is suing Google to break up the company’s advertising business.
Weiterlesen »
Justice Department, several states sue Google over digital advertising dominanceThe government alleges that Google’s plan to assert dominance has been to “neutralize or eliminate” rivals through acquisitions and to force advertisers to use its products by making it difficult to use competitors’ products.
Weiterlesen »
Department of Justice accuses Google of monopolizing advertising technologyInternet giant has 'corrupted legitimate competition,' regulators allege in filing antitrust lawsuit.
Weiterlesen »