DoJ Finally Files Sweeping Antitrust Lawsuit Against Google

Just as we previewed roughly 6 weeks ago following a report published in the New York Times, the DoJ has finally brought a sweeping anti-trust case against Google, according to a WSJ scoop.

The landmark antitrust case will focus on alleged Google-controlled monopolies in search and search advertising. These businesses are the cornerstone of Google owner Alphabet’s profits. At least 10 state AGs are expected to join the suit.

Google shares are sliding on the news.

The DoJ has scheduled a press briefing for 0945ET.