Business News of Friday, 29 November 2024
Source: www.ghanawebbers.com
Canada's Competition Bureau is suing Google for anti-competitive practices in its online advertising business.
The lawsuit alleges that Google illegally linked two of its ad tech tools to maintain market dominance, distorting ad auctions by favoring its tools.
The Bureau is asking the Competition Tribunal to force Google to sell these tools and pay a fine of up to 3% of its global revenue. Google has denied the accusations, claiming its tools benefit websites, apps, and businesses of all sizes.
This case follows similar actions in the U.S., where the Department of Justice is also pushing for Google to sell its Chrome browser to address its monopoly in search.