The Justice Department is preparing to sue Google this week, alleging the company has dominance over the online ad space, according to Bloomberg News.
The lawsuit would be the second DOJ litigation aimed at Google, having filed a separate lawsuit against the company’s alleged monopoly over internet search traffic in 2020. Google has long held the top spot in digital advertising, accounting for nearly 30% of the industry last year.
Google and the DOJ did not immediately respond to requests for comment from Fox News Digital.
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News of the lawsuit comes just days after Alphabet, Google’s parent company, announced plans to lay off 12,000 workers from its various teams.
Digital advertising accounts for some 80% of Google’s revenue, and its dominance in the space has been shrinking in recent years. It accounted for 36.7% of digital advertising in 2016 but had fallen to 28.8% in 2022, according to Reuters.
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The DOJ’s other lawsuit against Google is scheduled to go to trial in September.
Reuters contributed to this report.