Google seeks to reassure staff after US antitrust ruling on ad tech: Report

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Alphabet-owned Google has sought to reassure employees following a US court ruling that found the company had illegally maintained dominance in parts of the online advertising technology market, Axios reported.

In a memo circulated internally, the technology major acknowledged the judge’s conclusion that Google had leveraged its market position to stifle competition, harm publishers, and limit consumer choice. The court found the company had monopolised two segments of the digital advertising business by engaging in anticompetitive conduct.

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Google seeks to reassure staff after US antitrust ruling on ad tech: Report


Alphabet-owned Google has sought to reassure employees following a US court ruling that found the company had illegally maintained dominance in parts of the online advertising technology market, Axios reported.

In a memo circulated internally, the technology major acknowledged the judge’s conclusion that Google had leveraged its market position to stifle competition, harm publishers, and limit consumer choice. The court found the company had monopolised two segments of the digital advertising business by engaging in anticompetitive conduct.

Lee-Anne…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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