Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
June 5, 2020 08:50 pm

States Are Leaning Toward a Push To Break Up Google's Ad Tech Business

An anonymous reader quotes a report from CNBC: The state attorneys general investigating Google for potential antitrust violations are leaning towards pushing for a breakup of its ad technology business as part of an expected suit, people familiar with the situation told CNBC. Fifty attorneys general have been probing Google's business practices for months, alongside a similar probe being led by the U.S. Department of Justice. Both the states and the DOJ are looking to file a suit against the internet giant as soon as within the next few months, people familiar with the situation told CNBC. The states and the Justice Department have not yet officially decided whether to combine their expected suits, the people said, though they have been collaborating closely. Both have been investigating Google's search, ad technology and android business. The attorneys general investigating Google, which is owned by Alphabet, haven't yet definitively ruled out pushing for alternatives for its ad technology business, like imposing restrictions on how it runs its business, one of the sources said. A suit may also include a push for both that option and breaking up the ad tech business. "Critics have said that Google bundles its ad tools so that rivals can't afford to match its offerings and that its operation of search results, YouTube, Gmail and other services to hinder ad competition," reports CNBC. "They also say that Google owns all sides of the 'auction exchange' through which ads are sold and bought, giving it an unfair advantage." Google's two main deals that provided it the crucial foothold into advertising technology, DoubleClick in 2007 and AdMob in 2009, were years ago. Because of this, it may be difficult for Google to push for a break up of the business.

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/5j5MBSBo9hI/states-are-leaning-toward-a-push-to-break-up-googles-ad-tech-business

Share this article:    Share on Facebook
View Full Article

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot