Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2024-04-27 20:38:30| Engadget

Google filed a motion on Friday in a Virginia federal court asking for the Department of Justices antitrust lawsuit against it to be thrown away. The DOJ sued Google in January 2023, accusing the company of monopolizing digital advertising technologies through anticompetitive and exclusionary conduct. Per Bloomberg, Google is now seeking summary judgment to avoid the case going to trial in September as planned. Attorney General Merrick B. Garland said at the time the lawsuit was first announced that Google has used anticompetitive, exclusionary, and unlawful conduct to eliminate or severely diminish any threat to its dominance over digital advertising technologies. The lawsuit alleges that Google controls digital advertising tools to such an extent that it pockets on average more than 30 percent of the advertising dollars that flow through its digital advertising technology products, according to a press release from the agency last year. Google now argues that that the DOJ hasnt shown that the company controls at least 70 percent of the market, which some previous cases have used as the threshold for qualifying as a monopoly, and that the agency made up markets specifically for this case, according to Bloomberg, excluding its major competitors like social media platforms. The company also claims the DOJs case goes beyond the boundaries of antitrust law, Reuters reports.This article originally appeared on Engadget at https://www.engadget.com/google-asks-court-to-reject-the-dojs-lawsuit-that-accuses-it-of-monopolizing-ad-tech-183830791.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

30.12LG to unveil a canvas-style TV at CES 2026
29.12NASA finally has a leader, but its future is no more certain
29.12How to watch the LG CES 2026 press conference
29.12Co-founder of CD Projekt Michał Kiciński has acquired GOG, the company's game storefront
29.121Password deal: Get 50 percent off plans for the holiday season
29.12Samsung plans to integrate Google Photos into its TVs
29.12How to watch the Sony Afeela CES 2026 press conference
28.12Apple escalates its appeal of a $2 billion fine from a UK antitrust lawsuit
Marketing and Advertising »

All news

30.12FII flows could return in 2026, markets not pricing in the upside yet: Vikas Khemani
30.12Financials, consumption and manufacturing to lead next market upcycle: Vikas Khemani
30.12A decade on from Wales' nuclear turbines falling silent
30.126 ways to sneak micro-creativity into your workday in the new year
30.12India set to end 2025 on strong economic footing with high growth, low inflation: Govt
30.12Investing Smarter: Decoding Fundamental vs Technical Market Strategies
30.12India bonds tread water before hefty state debt sale
30.12MMTC shares decline 5% as gold, silver prices cool off from record levels
More »
Privacy policy . Copyright . Contact form .