Justice Department gearing up for new antitrust lawsuit against Google: Report
Biden Administration,Big Tech,Google,Justice Department,Technology
The Biden administration may launch a new offensive against Google this fall aimed at the tech giant’s advertising business, escalating the government’s battle with Big Tech to new heights.
The Justice Department is primed to file a new antitrust lawsuit as soon as September against Google over its alleged advertising market dominance, according to Bloomberg. Publishers have faced questions from antitrust division lawyers as the government reportedly prepares its litigation.
Advertising revenue is at the heart of Google’s business. Google’s parent company, Alphabet, said in June that it raked in approximately $40.7 billion in revenue from its “Google Search & other” ads business during the second quarter, when its total revenues were approximately $69.7 billion.