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      Cell C cleans up its balance sheet but faces tough trading reality

      Cell C cleans up its balance sheet but faces tough trading reality

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      MVNO business shines in Cell C’s first post-listing results

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    Home » Sections » Investment » Second Google antitrust trial draws to a close

    Second Google antitrust trial draws to a close

    The US department of justice will make its final argument that Google illegally dominated the online ad-tech market.
    By Agency Staff25 November 2024
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    Second Google antitrust trial draws to a close
    Image: Reuters

    The US department of justice will make its final argument on Monday that Google illegally dominated online advertising technology, seeking a second antitrust win against the company.

    The closing arguments cap a 15-day trial held in September where prosecutors sought to show Google monopolised markets for publisher ad servers and advertiser ad networks, and tried to dominate the market for ad exchanges which sit between buyers and sellers.

    Google has argued prosecutors are bending US antitrust law to force it to accommodate competitors’ services, and that the case is focused on incidents from years past when Google was still building and improving its offerings.

    Publishers testified that they could not switch away from Google, even when it rolled out features they disliked

    Publishers testified at trial that they could not switch away from Google, even when it rolled out features they disliked, since there was no other way to access the huge advertising demand within Google’s ad network.

    News Corp in 2017 estimated losing at least US$9-million in ad revenue that year if it had switched away, one witness said.

    If US district judge Leonie Brinkema finds that Google broke the law, she would consider prosecutors’ request to make Google at least sell off Google Ad Manager, a platform that includes the company’s publisher ad server and its ad exchange.

    Google offered to sell the ad exchange this year to end an EU antitrust investigation but European publishers rejected the proposal as insufficient, Reuters first reported in September.

    Read: Google braces for years of antitrust wrangling

    Analysts view the ad-tech case as a smaller financial risk than the case where a judge ruled Google maintains an illegal monopoly in online search, and where prosecutors have argued the company must be forced to sell its Chrome browser.  — Jody Godoy, (c) 2024 Reuters

    Don’t miss:

    Meta to face antitrust trial over WhatsApp, Instagram acquisitions



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    Cell C cleans up its balance sheet but faces tough trading reality

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