1 year ago
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In response to news that the Department of Justice Antitrust Division has filed a suit against Google for monopolization in digital advertising, specifically asking for a break up of the search giant, the American Economic Liberties Project released the following statement.
"We're thrilled to see the Department of Justice finally demand a break up of Google's advertising monopoly," said Matt Stoller, Director of Research at the American Economic Liberties Project. "As the Justice Department's suit meticulously documents, Google is a buyer, broker, and digital advertising exchange with pervasive conflicts of interest. Google regularly abuses this power, manipulating markets, muscling out any form of competition, and inspiring fear across the commercial landscape. The DOJ's suit, which comes alongside a similar suit from a coalition of state attorneys general and efforts in Congress to bring fairness to digital ad markets, shows clearly that Google's days of unbridled dominance are numbered."
To learn more about Google's monopolization of online advertising markets, read "Addressing Facebook and Google's Harms Through a Regulated Competition Approach."
