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Kicking off a high-stakes trial that could reshape the basic economics of running a website, DOJ attorneys this week — along with 17 states — are trying to convince a federal judge that Google broke US antitrust law with its powerful advertising business.
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The Role of Demographic Changes in Shaping Indian Stock Trends Financial Stability Stock Picks ✌️【Stock Growth】✌️ Real-time stock market data, precise predictions, and investment strategies to help you optimize your portfolio and achieve financial success. The Biden administration’slawsuit, filed in 2023, claims Google has used anticompetitive mergers, self-dealing and auction manipulation to reduce competition and cement its dominance, resulting in higher prices for publishers and advertisers.
“Google is not here because they’re big,” Julia Tarver Wood, a senior DOJ attorney, told District Judge Leonie Brinkema in the trial’s opening minutes Monday. “They’re here because they use that size to crush competition.”
Google has not shied away from the fight. The US government has “gerrymandered” its way to a court case, the company responded on Monday, leading to “absurd results” that don’t reflect the modern realities of internet advertising.
The Role of Demographic Changes in Shaping Indian Stock Trends Financial Stability Stock Picks ✌️【Stock Growth】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. The government’s lawsuit “is like a time capsule, where if you break it open there would be a BlackBerry, an iPod and a Blockbuster Video card,” said Karen Dunn, Google’s high-powered outside attorney who delivered the company’s opening statement before racing out to prep Vice President Kamala Harris for her Tuesday debate with former President Donald Trump.
The Role of Demographic Changes in Shaping Indian Stock Trends Financial Stability Stock Picks ✌️【Stock Growth】✌️ Accurate real-time market data and expert stock predictions for profitable investment opportunities in global markets. This month’s closely watched Google ad tech trial comes weeks after another federal court handed Google what may be its biggest court defeat in company history, when a federal judge sided with state and federal officials and ruled its flagship search enginean illegal monopoly.
Google’s search engine may have been the killer app that made it a daily destination for millions of consumers, but it was the company’s advertising technology that helped Google monetize much of the rest of the web — and Google took illegal steps to thwart competition in that space, according to the states and DOJ.
From gobbling up ad-tech rivals through anticompetitive mergers to bullying businesses into using Google’s ad products, to controlling key businesses in each part of the ad-tech stack, the governments say, Google drove up prices for advertisers and choked off revenue for websites.
The Role of Demographic Changes in Shaping Indian Stock Trends Financial Stability Stock Picks ✌️【Stock Growth】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. Tim Wolfe, a revenue executive at the media company Gannett and DOJ’s first witness, told the court that of the $15 million in fees that the publisher of USA Today pays to ad-tech companies every year, about $10 million, or two-thirds, goes to Google.
For better or for worse, he said, publishers are dependent on Google’s advertising tools, have no good alternatives to it and that it would be “a heavy lift” to try to switch away.
The Role of Demographic Changes in Shaping Indian Stock Trends Financial Stability Stock Picks ✌️【Stock Growth】✌️ Receive professional stock analysis with real-time updates on market movements. Make quick investment decisions and capitalize on profitable opportunities. The company used acquisitions of companies such as DoubleClick and AdMeld to kill off threats to its advertising business early on, DOJ said Monday, and that Google’s control of multiple technologies in ad-tech stack creates conflicts that encourage Google to self-deal.
The Role of Demographic Changes in Shaping Indian Stock Trends Financial Stability Stock Picks ✌️【Stock Growth】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. The complaint even names the US Army as one of the advertisers allegedly harmed by Google’s practices. The US government has spent $100 million since 2019 on buying internet ads, according to the lawsuit.
“One monopoly is bad enough, but a trifecta of monopolies is what we have here,” said Wood, the DOJ attorney, referring to Google’s publisher ad server business, its advertising exchange AdX, and its advertiser ad network. In each line of business, Wood said, Google has at least half, and by some measures as much as 91%, of the market. “The rules are set such that all roads lead back to Google,” Wood added.
The Role of Demographic Changes in Shaping Indian Stock Trends Financial Stability Stock Picks ✌️【Stock Growth】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. Authorities have called for that group of businesses within Google — which is distinct from Google’s search or search ads business — to be broken up.
The Role of Demographic Changes in Shaping Indian Stock Trends Financial Stability Stock Picks ✌️【Stock Growth】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. The ad tech case is the second of two DOJ challenges to Google’s power since the Trump administration, and the latest test of a renewed US commitment to enforcing the nation’s competition laws. But for Google, which has denied monopolizing the ad tech industry, the case is an assault on what it says are essential tools for small businesses and publishers.
Google has described the online advertising industry as vibrant and competitive, callingthe government suit filed last yeara misguided attempt to pick winners and losers.
In its court filings, Google has argued the DOJ suit focuses too narrowly on website advertising. On Monday, Google accused DOJ of overstating the company’s marketshare based on excluding rivals such as Amazon, Meta, Microsoft and TikTok. Advertisers can choose whether to use Google’s tools, or rival tools, or even divert ad spend away from websites and to other formats and platforms that don’t involve Google’s ad tech, such as on Instagram or Netflix, Google has said.
Factoring in those other sources of competition drops Google’s share of the ad exchange market from 34% to 17%, said Dunn, Google’s attorney. And if Google is broken up, she warned, it will only benefit other Big Tech giants.
“As apps become more important to digital content providers,” Googlewrote in a pre-trial filing, “the amount of inventory they sell through apps, and ad tech spending to manage that inventory, increases.”
Both sides gave opening statements on a clear, sunny day at the US District Court for the Eastern District of Virginia. Sitting on the dais was Brinkema, who listened quietly except to ask a rare follow-up question or to hurry things along. A Clinton appointee, Brinkema is a former Justice Department attorney who, as a judge, has also presided over numerous terrorism- and immigration-related cases.
During the Google case, Brinkema has made clear her preference for efficiency. When the Justice Department asked for a 10-week trial, she pushed for six. And on Monday, when a Google attorney kept trying to ask the same question of a witness two different ways, she interjected: “I’m going to sustain the objection before I even hear it. Let’s move it along.”
The Role of Demographic Changes in Shaping Indian Stock Trends Financial Stability Stock Picks ✌️【Stock Growth】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. The multi-week trial could feature witness testimony from high-profile partners of Google as well as its critics. The list of potential witnesses includes current or former executives from Comcast, Disney, The New York Times and Meta, along with some high-ranking Google employees, such as YouTube CEO Neal Mohan.
The Role of Demographic Changes in Shaping Indian Stock Trends Financial Stability Stock Picks ✌️【Stock Growth】✌️ Professional investment advice with real-time updates on stock indices and futures data. Stay ahead with expert predictions and market insights. That arrangement has harmed publishers and advertisers to the tune of hundreds of millions of dollars in extra fees since 2019, according to estimates in a pre-trial filing by DOJ.
For its part, Google has argued in its filings that the price of advertising continues to fall industry-wide and that its own market share in the display advertising market has been “steadily declining since 2013.”
It’s not certain what specific penalties Google could face if Brinkema ultimately agrees with the DOJ. The trial beginning Monday is merely a first step to determine whether Google broke the law. Still, a breakup of Google’s ad tech business could potentially trigger a shakeup of the digital advertising industry and Google’s role within it.
The Role of Demographic Changes in Shaping Indian Stock Trends Financial Stability Stock Picks ✌️【Stock Growth】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. The US government believes a breakup would create new or different financial incentives for everyone in the market. But Google has argued it might instead harm smaller websites that rely on its tools, or merely serve to benefit other large, established giants in the digital ad industry.
The Role of Demographic Changes in Shaping Indian Stock Trends Financial Stability Stock Picks ✌️【Stock Growth】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. Most stock quote data provided by BATS. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. All times are ET. Factset: FactSet Research Systems Inc. All rights reserved. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and 【 - Free Real-Time Trading Opportunities 】. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Fair value provided by IndexArb.com. Market holidays and trading hours provided by Copp Clark Limited.
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