Google faces another antitrust trial
Google is again defending itself against an antitrust suit by the U.S. Justice Department as a trial around the search giant's digital ad business begins Monday. Google already lost a major case last month when a judge ruled it had a monopoly in online search. Now it faces allegations of monopolistic control over its ad tech tools, costing both advertisers and publishers. At stake is a potential partial breakup of the company, with regulators seeking a divestiture of Google Ad Manager, where publishers sell inventory and brands manage campaigns.
- Bernstein analysts said Google also could be hit with class-action lawsuits from advertisers seeking as much as $100 billion in damages if the Justice Department is successful.
- While the department has also sued Apple, Google parent Alphabet is so far the only company to land in federal court.