Diamond Member Pelican Press 0 Posted September 9, 2024 Diamond Member Share Posted September 9, 2024 This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up ’s Antitrust Trial Over Online Advertising Set to Begin Alphabet’s This is the hidden content, please Sign In or Sign Up will face US antitrust prosecutors on Monday in Alexandria, Virginia, where the Justice Department will seek to show the company stifled competition in online advertising technology, in the search giant’s second recent showdown with the Justice Department. Prosecutors say This is the hidden content, please Sign In or Sign Up has largely dominated the technological infrastructure that funds the flow of news and information on websites through more than 150,000 online ad sales every second. The case is an important one for efforts by US antitrust enforcers to challenge alleged Big Tech monopolies, which have spanned the administrations of both Donald Trump and Joe Biden. Prosecutors say This is the hidden content, please Sign In or Sign Up engaged in a complex scheme to dominate website advertising tools, through acquisitions, restrictions on how customers can use its tools and alleged manipulation of ad auctions. This is the hidden content, please Sign In or Sign Up denies the allegations, saying they misconstrue lawful efforts to develop its technology and serve its own customers. Prosecutors overlook how the digital advertising market has shifted to apps and connected TV, where This is the hidden content, please Sign In or Sign Up faces stiff competition, the company has said. If US District Judge Leonie Brinkema finds that This is the hidden content, please Sign In or Sign Up broke the law, she would later consider prosecutors’ request to make This is the hidden content, please Sign In or Sign Up sell off, at minimum, This is the hidden content, please Sign In or Sign Up Ad Manager, a platform that includes This is the hidden content, please Sign In or Sign Up ’s publisher ad server and its ad exchange. According to research by stock analyst Wedbush, This is the hidden content, please Sign In or Sign Up ’s ad tech tools accounted for $20 billion (roughly Rs. 1,67,909 crore), or 11 percent of the company’s ****** revenue in 2020 and around $1 billion (roughly Rs. 83,95 crore), or 2.6 percent, of operating profit that year. Ad Manager represented 4.1 percent of revenue and 1.5 percent of operating profit in 2020, according to Wedbush research and analysis of court documents. More recent figures were redacted from court documents. This is the hidden content, please Sign In or Sign Up ’s defense team is led by Karen Dunn, a partner at the law firm Paul, Weiss, who has guided debate preparations for several prominent Democrats including Vice President Kamala Harris. The government’s legal team is headed by Julia Tarver Wood, a veteran trial lawyer who joined the Justice Department last year. She previously worked at Paul, Weiss where she represented companies including insurer ********* International Group, Mastercard and This is the hidden content, please Sign In or Sign Up .com. The multiweek trial is expected to feature witnesses from This is the hidden content, please Sign In or Sign Up and competitors in the digital advertising space such as the Trade Desk, and Comcast as well as publishers including News Corp and Gannett, who prosecutors say were harmed through This is the hidden content, please Sign In or Sign Up ’s conduct. The case is one of several challenging alleged Big Tech monopolies. The Justice Department won a ruling against This is the hidden content, please Sign In or Sign Up last month in another case over its dominance in online search, and is separately suing Apple. The US Federal Trade Commission is pursuing cases against This is the hidden content, please Sign In or Sign Up parent Meta Platforms and This is the hidden content, please Sign In or Sign Up . © Thomson Reuters 2024 (This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.) This is the hidden content, please Sign In or Sign Up #Googles #Antitrust #Trial #Online #Advertising #Set This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up Link to comment https://hopzone.eu/forums/topic/122143-google%E2%80%99s-antitrust-trial-over-online-advertising-set-to-begin/ Share on other sites More sharing options...
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