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06/14/2023

Europe Seeks Dismantling of Google Ad Business

This adds to growing antitrust woes

European Union (E.U.) regulators have issued a preliminary finding that Google must sell off some of its lucrative digital advertising business, part of a sweeping antitrust complaint targeting one of the search giant's most important revenue drivers.

In a complaint released Wednesday, E.U. competition regulators alleged that Google favors its own technology services to the detriment of competitors — an abuse of its dominant position in online ad sales.

Margrethe Vestager, a Danish politician who leads E.U. competition policy efforts, accused Google of wielding its considerable influence to punish competitors and boost its own services.

Please select this link to read the complete article from The Washington Post.

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