Google wants to dismiss advertising practices - News Summed Up

Google wants to dismiss advertising practices


alphabet Of a corporationGOOG -0.10%Google called on a federal judge on Friday to dismiss the antitrust proceedings filed by Texas and more than 12 state prosecutors, alleging that search giant digital advertising practices did not show anti-competitiveness. Google said state complaints focused on outdated behavior that didn’t rule out competition, and that practice was largely abandoned as the company’s ad tech business evolved. At the same time, Google said the division is at the heart of the company’s efforts to support the Internet with vibrant advertising funding, which will support the company’s larger search advertising business. In fiscal year 2020, the company reported revenue from its products such as Google Search was $ 104 billion and advertising revenue from third-party publishers was $ 23 billion. Judge P. Kevin Castel is expected to make a motion as soon as this summer, according to a Google representative.


Source: Wall Street Journal January 21, 2022 19:05 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */