Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

Virginia judge allows Google antitrust case to move ahead

by March 11, 2023
March 11, 2023
Virginia judge allows Google antitrust case to move ahead

A judge has rejected a request from Google to transfer a federal antitrust lawsuit against it from Virginia to New York.

The ruling Friday from U.S. District Judge Leonie Brinkema is a victory for the Justice Department and several states, including Virginia, that sued Google earlier this year and wanted to keep the case in the commonwealth.

The lawsuit alleges that Google holds a virtual monopoly in online advertising that works to the detriment of consumers. The complaint alleged that Google ‘corrupted legitimate competition in the ad tech industry by engaging in a systematic campaign to seize control of the wide swath of high-tech tools used by publishers, advertisers, and brokers, to facilitate digital advertising.’

Google said that similar lawsuits, including one filed by the Texas attorney general, have been consolidated into a single case that’s being now being heard in New York. Google’s lawyers said consolidating the Virginia case as well would improve judicial efficiency and reduce the risk that courts would produce conflicting rulings.

Justice Department lawyers, though, argued that the case should remain in Virginia. They said that federal antitrust cases are exempt from the law that encourages consolidation of similar lawsuits filed in multiple jurisdictions. They also argued that their lawsuit would be bogged down if it were bunched in with all the consolidated cases.

The suit seeks to force Google to divest itself of the businesses of controlling the technical tools that manage the buying, selling and auctioning of digital display advertising, remaining with search — its core business — and other products and services including YouTube, Gmail and cloud services.

Alphabet Inc., Google’s parent company, said previously that the suit ‘doubles down on a flawed argument that would slow innovation, raise advertising fees, and make it harder for thousands of small businesses and publishers to grow.’

Digital ads currently account for about 80% of Google’s revenue, and by and large support its other, less lucrative endeavors.

Besides Virginia, California, Connecticut, Colorado, New Jersey, New York, Rhode Island and Tennessee have all joined the Justice Department as plaintiffs in the case.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Top GOP chairmen sound alarm on foreign threats report: Nation at a ‘tipping point’
next post
Tax hikes in Biden’s budget would be ‘devastating’ for Americans, says top House tax writer

You may also like

‘Irreparably damaged’: Mike Johnson unleashes on Biden’s handling...

December 2, 2024

DAVID MARCUS: A comedy legend trashes his rep...

November 4, 2024

White House to take questions on camera for...

July 2, 2024

“Put Down Hunter’s Crack Pipe” – Kari Lake...

October 10, 2022

Biden at Phoenix Computer Chip Plant: “Three Nano...

December 6, 2022

Ratcliffe shrugs off concerns about potential threat of...

February 26, 2025

GOP faces delay in unlocking full powers of...

December 31, 2022

New laws: Here are some of the most...

July 3, 2023

Harris-Walz hit with blistering ad on China record...

September 10, 2024

Top Democrats who pushed 25th Amendment during Trump...

July 4, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • TSA tells Americans their Costco cards won’t fly at airport security despite love for hot dogs

      June 7, 2025
    • Trump announces China will restart rare earth mineral shipments to US after productive call

      June 7, 2025
    • Musk feud presents ‘unprecedented’ dynamic compared to past Trump disputes: expert

      June 7, 2025
    • Snub of Musk’s NASA nominee ally preceded sudden ‘big, beautiful bill’ criticism, Trump feud

      June 6, 2025
    • Supreme Court rules DOGE can access Social Security information

      June 6, 2025
    • US sanctions money laundering network aiding Iran as regime faces nuclear reprimand at IAEA

      June 6, 2025

    Categories

    • Business (8,149)
    • Investing (2,019)
    • Politics (15,558)
    • Stocks (3,134)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved