Article 61796 Google reportedly offers to shuffle ads business to avoid Justice Department lawsuit

Google reportedly offers to shuffle ads business to avoid Justice Department lawsuit

by
Mitchell Clark
from The Verge - All Posts on (#61796)
acastro_180427_1777_0001.0.jpg Whether the US government thinks it's enough is another matter. | Illustration by Alex Castro / The Verge

Google has reportedly offered to spin off its ad auctions business, which lets companies buy advertising space on the web and in search results, into a slightly more separate company if it'll help avoid antitrust actions, according to a report by The Wall Street Journal. The offer is reportedly part of multiple concessions Google has offered the US Department of Justice, as it looks to avoid further lawsuits alleging anti-competitive practices.

According to the WSJ, the move would be a corporate shuffle. Rather than spinning off parts of its ad business into a completely separate company or selling them altogether, the proposal would make them a separate Alphabet company. Alphabet is the holding company for Google's properties, such as...

Continue reading...

External Content
Source RSS or Atom Feed
Feed Location http://www.theverge.com/rss/index.xml
Feed Title The Verge - All Posts
Feed Link https://www.theverge.com/
Reply 0 comments