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Reading: Google Offers Concessions to Fend Off Antitrust Suit
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The Wall Street Publication > Blog > Tech > Google Offers Concessions to Fend Off Antitrust Suit
Tech

Google Offers Concessions to Fend Off Antitrust Suit

Editorial Board Published July 8, 2022
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Google Offers Concessions to Fend Off Antitrust Suit
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Alphabet Inc.’s Google has offered concessions in an attempt to head off a possible U.S. antitrust lawsuit aimed at its massive ad-tech business, according to people familiar with the matter, a sign that legal and regulatory pressures on the tech giant are coming to a head.

As part of one offer, Google has proposed splitting parts of its business that auctions and places ads on websites and apps into a separate company under the Alphabet umbrella, some of the people said. That entity could potentially be valued at tens of billions of dollars, depending on what assets it contained.

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