Justice Department Preparing to Sue Google Over Ad Space Dominance, Bloomberg Reports
January 24 2023 - 07:06AM
Dow Jones News
By Dean Seal
--The U.S. Department of Justice is expected to file an
antitrust suit against Alphabet Inc.'s Google this week, Bloomberg
reported, citing unnamed sources.
--The case could be filed as soon as Tuesday in federal court
and relates to Google's dominance in the digital advertising
market, according to the report.
--The Justice Department didn't immediately respond to a request
for comment.
--This would be the Justice Department's second antitrust case
against Google, following its October 2020 lawsuit that accused the
search giant of using exclusionary business agreements to shut out
competitors.
--Shares slipped 1.4% to $99.80 in premarket trading.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
January 24, 2023 06:51 ET (11:51 GMT)
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