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US judge rejects bid to break up Google's ad business

Source: techxplore.com

Antitrust & CompetitionRegulation & LegislationCompany Fundamentals
US judge rejects bid to break up Google's ad business

A U.S. federal judge refused the government’s request to force Google to sell a division of its digital advertising business, rejecting a proposed breakup of part of its ad empire. The decision reduces immediate break-up risk tied to the ad-market antitrust case and is likely to be supportive for Google’s equity sentiment.

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