A U.S. judge rules Google has illegally monopolized online advertising technology
A U.S. federal judge stated on Thursday that Google (GOOG.O) illegally monopolized two markets of online advertising technology, marking another blow against the tech giant in an antitrust case filed in the U.S. This ruling may provide prosecutors with grounds to demand the breakup of Google's advertising products. The U.S. Department of Justice suggests that Google should at least sell its ad manager products, which include the company's publisher ad server business and ad exchange platform. Google might now face orders from two different U.S. courts to sell assets or change its business practices. The U.S. Department of Justice is asking Google to sell its Chrome browser and take other measures to end its dominance in the online search field, with a trial on this demand to be held by a Washington judge next week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swedish payment giant Klarna's first stablecoin, KlarnaUSD, has been launched ahead of schedule
Bitcoin OG opens 5x ETH short position worth $15.04 million
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish

The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone
