Should you be worried about the Department of Justice suing Google? – The Average Joe

    Should you be worried about the Department of Justice suing Google?

    Victor Lei — Head of Research

    January 25, 2023

    January 25, 2023

    Google, did it hurt? When the Department of Justice and eight other states brought down the hammer?

    Google: Come at us, judge.

    👋 Justin Roiland.

    The DOJ is:

    • Demanding that Google break up its advertising tech business for illegal monopolization of the digital ads market.
    • Accusing them of 15 years of anticompetitive conduct, including making many acquisitions to achieve dominance.

    Google controls 29% of the digital ad market (Meta coming in at second place with nearly 20%) — and regulators have been going after them for years with little luck.

    There’s no visibility into Google’s ad platform — which runs the tools that sell ads, display ads and connect the buyers/sellers.

    • This leaves a lot of room for funny business.
    • It would be like Goldman Sachs also operating the stock exchange.

    But other tech giants are also doing this — Amazon, Meta and Microsoft.

    So, what’s next? In 2001, Microsoft settled a lawsuit with the DOJ — which set restrictions on Microsoft and severely hurt its profitability. This case will take several years to play out, but for now, it’s not worth losing sleep over.

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