BEST OF THE WEB

DoJ to file antitrust lawsuit against Google, Bloomberg

According to Bloomberg News, the U.S. Department of Justice (DoJ) will file an antitrust lawsuit against Google in the coming weeks.

The U.S. Department of Justice has been investigating Google’s ad-tech practices since 2019 and has also accelerated its investigation of the ad market in recent months under the supervision of the antitrust division’s official, Doha Mekki.

An imminent lawsuit follows the rejection of Google’s concession plans. Last week, Google offered concessions to avoid a potential U.S. antitrust lawsuit, including a proposal to spin off websites and apps into a separate company under Alphabet.

A Google spokesman also confirmed that the company is working with regulators to address concerns, adding that the company has no plan to sell or exit the ad tech market.

The DoJ previously sued Google in 2020 for antitrust violations, accusing the company of illegally using its market power to hamper rivals.

The European Commission and the American government are in the process of drafting legislation that will curtail the dominance and great power of the big tech companies, which will help to boost competition and reduce manipulated dominance.

The sources for this piece include an article in Reuters.

IT World Canada Staff
IT World Canada Staffhttp://www.itworldcanada.com/
The online resource for Canadian Information Technology professionals.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

ITW in your inbox

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

More Best of The Web