Google to Face US Lawsuit Over Online Ad Market Dominance: Chart
By Leah Nylen
Jan. 24, 2023, 12:55 PM
The US Justice Department is poised to sue Alphabet Inc.’s Google as soon as Tuesday regarding the search giant’s dominance over the digital advertising market. The company is No. 1 in the $626.86 billion global digital ad market, according to estimates by research firm EMarketer, with the US representing the biggest piece. Alphabet’s ad operations are expected to bring in $73.8 billion in US digital ad revenue in 2023.
To contact the reporter on this story: Leah Nylen in Washington at lnylen2@bloomberg.net
To contact the editors responsible for this story: Lynn Doan at ldoan6@bloomberg.net
