Browsing: Politics

The International Monetary Fund (IMF) will lower its global growth predictions due to rising trade tensions and market volatility, but no global recession is likely, Managing Director Kristalina Georgieva said on Thursday. Georgieva spoke at the IMF headquarters in Washington ahead of next week’s IMF and World Bank spring meetings, emphasising the economic cost of […]

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A U.S. federal judge has ruled that Google violated antitrust laws by monopolizing key segments of the online advertising market, dealing a major development in the government’s ongoing push to rein in Big Tech’s dominance over digital infrastructure. In a decision handed down by Judge Leonie Brinkema of the U.S. District Court in Alexandria, Virginia, […] The post Google Found to Have Illegally Monopolized Digital Ad Tech Market, U.S. Court Rules appeared first on Innovation Village | Technology, Product Reviews, Business.

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On April 17 (Thursday), Judge Leonie Brinkema of the US District Court for the Eastern District of Virginia ruled against Google (NASDAQ:GOOGL) in the antitrust case concerning its advertising technology business, casting a shroud of uncertainty over the future of the tech giant’s online advertising business. Brinkema will now need to determine what remedies to impose on Google to restore fair market competition. The plaintiffs sought to force Google to divest its Ad Manager, which includes the company’s publisher ad server and its ad exchange, to restore competition in the market. This outcome is far more likely following Judge Brinkema’s ruling. This is a developing story happening alongside a similar case against Meta Platforms (NASDAQ:META), which is being sued by the Federal Trade Commission (FTC) for allegedly monopolizing social media through its acquisition of Instagram in 2012 and WhatsApp in 2014. This trial against Google began in September 2024, and the plaintiffs in the lawsuit comprise the Depar

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A small bipartisan group of U.S. House of Representatives members on Thursday reintroduced the long-stalled STATES Act, a pro-marijuana bill that would both nullify the hated 280E tax provision for cannabis companies and also exempt states that have legalized marijuana from federal interference.

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