Google offers concessions to avoid U.S. antitrust lawsuit, WSJ reports

Photo caption: The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. Photo credit: Reuters / Andrew Kelly / File Photo. Article by Akash Sriram and Chavi Mehta in Bengaluru and Diane Bartz; Editing by Vinay Dwivedi and Louise Heavens. Reuters – July 8, 2022.

WASHINGTON, July 8 (Reuters) – Alphabet Inc’s (GOOGL.O) Google has offered concessions to avoid a potential U.S. antitrust lawsuit alleging that the company abuses its clout in the advertising technology business, the Wall Street Journal reported on Friday, citing people familiar with the matter. Google has proposed spinning off parts of its business that auctions and places ads on websites and apps into a separate company under Alphabet […]

Click here to view original web page at www.reuters.com