Judge blocks DOJ push to force Google ad exchange sale
A Virginia judge reportedly rejected U.S. antitrust enforcers’ bid to force a sale of Google’s online advertising exchange, keeping Alphabet’s ad tech from breakup. AdX is described as a small part of the business.
Story updates
05:27:28 PM UTC
SquawkNews
By Dave MichaelsA federal judge on Wednesday rejected the Justice Department's request to dismantle Google's online advertising business, the second time a court has denied government efforts to break up the company after it was found liable for engaging in illegal monopoly tactics.The decision is…
Alphabet Inc.’s (GOOGL) Google escaped a breakup of its advertising technology business on Wednesday after a Virginia judge reportedly rejected U.S. antitrust enforcers’ bid to force a sale of the company’s online advertising exchange.
While AdX is a small part of Google’s business, the decision ma…