The U.S. Department of Justice on Tuesday joined attorneys general from several states in filing an antitrust lawsuit against Google parent Alphabet. The complaint alleges that the company has monopolized key digital advertising technologies that website publishers and online advertisers rely on for their basic economic survival.
“Today’s complaint alleges that Google has used anticompetitive, exclusionary, and unlawful conduct to eliminate or severely diminish any threat to its dominance over digital advertising technologies,” said Attorney General Merrick B. Garland.
The complaint outlines anti-competitive practices over a 15 year period. Per a DOJ press release, these include:
“In pursuit of outsized profits, Google has caused great harm to online publishers and advertisers and American consumers," said Deputy Attorney General Lisa O. Monaco. "This lawsuit marks an important milestone in the Department’s efforts to hold big technology companies accountable for violations of the antitrust laws.”
This isn't the first time the Justice Department has taken aim at Google. The department filed a civil lawsuit in 2020 against its monopoly practices in search and search advertising.
Correction: Changed day from 'Wednesday' to 'Tuesday.'
ROC CEO B. Scott Swann joins us live from the NYSE to discuss the company's IPO and how VisionAI is transforming facial recognition for defense and security.
Matternet founder and CEO Andreas Raptopoulos on the state of drone delivery in the U.S. and what it will take to make aerial delivery a mainstream reality.
Samsung launches its “AI in Action Lab” in NYC, giving public high school students hands-on AI experience and tools to prepare for real world innovations.
Bhavin Shah of ServiceNow discusses how the new Autonomous Workforce AI automates tasks, integrates with Teams and Slack, and boosts workplace efficiency.
Tech stocks are rallying on strong earnings and massive AI investment. Investors are watching Nvidia & hyperscaler spending for clues on how long it will last.
GetBuddy founder Ryan Howard shares how his “Tinder for pet adoption” platform is matching 250,000 pets with families and modernizing rescue nationwide.