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Alphabet drops after US judge finds Google holds illegal ad tech monopolies

ReutersApr 17, 2025 3:09 PM

Shares of Google-parent Alphabet GOOGL.O fall 2% at $150

U.S. District Judge Leonie Brinkema on Thursday found that Google unlawfully monopolized markets for publisher ad servers and the market for ad exchanges which sit between buyers and sellers

The U.S. Department of Justice has said that Google should have to sell off at least its Google Ad Manager, which includes the company's publisher ad server and its ad exchange

Ruling could allow prosecutors to argue for a breakup of Google's advertising products

Up to last close, stock had fallen around 19% YTD after rising over 35% last year

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