Justice Dept. sues Google over digital advertising dominance
Business,Google,Big Tech,Media Industry,Justice Department,Merrick Garland,Economy And Jobs,Monopoly
The Justice Department and eight states filed an antitrust suit against Google on Tuesday, seeking to shatter its alleged monopoly on the entire ecosystem of online advertising as a hurtful burden to advertisers, consumers and even the U.S. government.
The government alleged in the complaint that Google is looking to βneutralize or eliminateβ rivals in the online ad marketplace through acquisitions and to force advertisers to use its products by making it difficult to use competitorsβ offerings. Itβs part of a new, if slow and halting, push by the U.S. to rein in big tech companies that have enjoyed largely unbridled growth in the past decade and a half.
βMonopolies threaten the free and fair markets upon which our economy is based. They stifle innovation, they hurt producers and workers, and they increase costs for consumers,β Attorney General Merrick Garland said at a news conference Tuesday.
For 15 years, Garland said, Google has βpursued a course of anti-competitive conductβ that has stalled the rise of rival technologies and manipulated the mechanics of online ad auctions to force advertisers and publishers to use its tools. In so doing, he added, Google βengaged in exclusionary conductβ that has βseverely weakened,β if not destroyed, competition in the ad tech industry.