The United States Department of the Treasury said antitrust lawsuits against Google were filed by prosecutors in eight US states. It has been reported DEA News.
“Together with the attorneys general of California, Colodaro, Connecticut, New Jersey, New York, Rhode Island, Tennessee, and Virginia, the DOJ has filed a civil lawsuit against Google for monopolizing several digital advertising products.” Declaration.
They emphasized that the company, which has followed a policy of neutralizing and liquidating its competitors in the field of advertising technologies in the last 15 years, has achieved more than 30 percent of its advertising revenues as a result of its monopoly.
The US Department of Justice, which also performs the duties of Attorney General, will file Lawsuit against the American company Google for its dominant position in the online advertising market.
Google has an ad buying service and leads a trading exchange where both parties make deals as well as sell ads to publishers.
According to Bloomberg, three separate lawsuits have been filed against Google by state attorneys general in the United States. The lawsuits allege that the company dominates the markets for online search, advertising technologies, and apps on the Android mobile platform that violate antitrust laws.
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.