Judge orders changes to Google's digital ads business but spares it from a breakup
A federal judge on Wednesday ordered Google to retool the system powering its price-gouging monopoly in digital advertising, sparing the company from a wrenching breakup that had been sought by the U.S. government
A federal judge on Wednesday ordered Google to retool the system powering its price-gouging monopoly in digital advertising, sparing the company from a wrenching breakup that had been sought by the U.S. government
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Why it matters
The judicial order mandating changes to Google's digital ads business addresses significant regulatory concerns about monopoly practices without resorting to a breakup, which could materially affect market structure and competitive dynamics in digital advertising, a key sector for credit-market professionals to monitor.
Sources
ABC News Business
Judge orders changes to Google's digital ads business but spares it from a breakup
A federal judge on Wednesday ordered Google to retool the system powering its price-gouging monopoly in digital advertising, sparing the company from a wrenching breakup that had been sought by the U.S. government