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Google Stock Slides As Department Of Justice Files Lawsuit Alleging Ad Market Abuse

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The Street

By Martin Baccardax Google has used “anticompetitive” practices to “eliminate or severely diminish any threat to its dominance over digital advertising technologies,” the Department of Justice alleged. Alphabet (GOOGL) – Get Free Report, the parent company of Google, will face a U.S. Department of Justice probe into allegations that it’s abusing its market dominance in the digital ad market. The DoJ, which first sued Google — along with eleven states Attorneys General — for alleged anticompetitive and exclusionary practices in the search and search advertising markets in 2020, filed its seco…

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