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

25.02Pikas AI Selves let you clone yourself, then set your doppelgänger loose online
25.02LG's massive 52-inch ultra-wide gaming monitor costs $2,000
25.02Apple's touchscreen MacBook will reportedly have a dynamic interface
24.021Password plans are getting more expensive soon
24.02Discord delays age verification to address user concerns
24.02The Pentagon has reportedly given Anthropic until Friday to let it use Claude as it sees fit
24.02Google sent an AI-generated push alert that included a racial slur
24.02Here's the first teaser for A24's adaptation of The Backrooms
Marketing and Advertising »

All news

25.02Silver prices jump Rs 7,200, gold reclaims Rs 1.6 lakh as tariff, geopolitical uncertainty looms. What are experts saying?
25.02Time for lumpsum investment in multi-cap and flexi-cap funds: Union AMC's Harshad Patwardhan
25.02Shein's elusive boss hails Chinese roots in rare public appearance
25.02Negative Breakout: These 12 stocks cross below their 200 DMAs
25.02US Stock Market | Wall Street bounces back, ending higher on renewed tech vigor, easing AI concerns
25.02Pikas AI Selves let you clone yourself, then set your doppelgänger loose online
25.02Markets tumble with IT shares hit by renewed anxiety over AI impact
25.02Flexible workspace sector sees steady growth on multi-city deals, rising demand
More »
Privacy policy . Copyright . Contact form .