Google Slapped With Another Ad-Related Lawsuit
Business Wars Daily
Audible
4.6 • 717 Ratings
🗓️ 30 January 2023
⏱️ 6 minutes
🧾️ Download transcript
Summary
Today is Monday, January 30, and we're looking at Google vs. Alkimi Exchange.
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Transcript
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| 0:00.0 | Wonderly Plus subscribers can listen to Business Wars daily ad-free right now. |
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| 1:07.1 | The From Wondery, I'm David Brown, and this is Business Wars Daily on this January 30th. |
| 1:08.6 | Happy Monday, one and all. |
| 1:12.6 | You know who's probably not having a great Monday? Google. |
| 1:17.1 | That's because the company's been hit with a lawsuit from the U.S. Department of Justice. |
| 1:23.1 | Yes, if you're keeping track, this would be the second antitrust federal complaint filed against the tech behemoth. The first suit was filed in 2020 and focused on Google's monopoly as a search |
| 1:28.3 | engine, according to Reuters. You might say this latest lawsuit is same-old same-o, but this suit |
| 1:33.8 | is all about the $250 billion U.S. digital ad market, and how Google allegedly monopolizes that, too. |
| 1:41.9 | The DOJ said Google has, quote, corrupted legitimate competition in the ad tech industry, end |
| 1:47.3 | quote. The department says it did this by season control of ad tools used by publishers, brokers, |
| 1:53.6 | and, of course, advertisers. It also accused Google of trying to eliminate tech competitors by |
| 1:58.8 | acquiring them and forcing publishers and advertisers |
... |
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