On Tuesday afternoon, Department of Justice officials held a press conference in Washington,

DC. They were there to announce an anti-trust lawsuit against Google.

The lawsuit we have filed today seeks to hold Google to account for what we allege are

its long-standing monopolies and digital advertising technologies that content create.

The Department of Justice is accusing Google of creating a monopoly in the digital advertising

market, in part by acquiring a series of companies and using its power to harm website publishers

and advertisers.

As evidence, the head of the anti-trust division quoted internal emails alleging Google's

own employees knew the company had built up an unfair advantage.

A Google employee characterized Google's ad exchange as quote, an authoritarian intermediary

and quote, overcharging advertisers.

That quote, our goal should be all or nothing.

Use Google's ad exchange or don't get access to our advertiser demand.

Google executive detailed the company's steps to quote, dry out rivals.

What prosecutors want is for Google to sell off a vital part of its ad business.

The company says it plans to fight the lawsuit, and the government is trying to pick winners

and losers.

These are colleague Miles Crouppa.

Anti-trust experts are saying this is a pretty strong case.

Anti-trust experts see this as really a traditional core case, and one with a very well-defined

market where Google is clearly using acquisitions to build up a really dominant position.

Welcome to the journal, our show about money, business, and power.

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