California probing Google for possible antitrust violations: Report
AGs for 48 U.S. states, Puerto Rico, District of Columbia already investigating Google
The state of California is launching an antitrust probe into search giant Google, according to Politico.
A spokesperson for California Attorney General Xavier Becerra declined to comment to FOX Business, citing office policy to neither confirm nor deny potential or ongoing investigations.
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The news comes as multiple investigations into the company are already underway, with the Department of Justice expected to file a lawsuit this summer after launching a probe focused on search bias, advertising and management of Google’s Android operating system, according to Reuters.
In addition, attorneys general for 48 U.S. states, Puerto Rico and the District of Columbia launched an antitrust investigation into Google in September focusing on the company's dominance over all aspects of advertising and searching on the internet.
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According to eMarketer estimates, Google’s net U.S. digital advertising revenue is expected to be $39.58 billion by the end of 2020, a decline of 5.3 percent from $41.80 billion in 2019.
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A spokesperson for Google did not immediately return FOX Business' request for comment on the report.
Ticker | Security | Last | Change | Change % |
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GOOGL | ALPHABET INC. | 178.88 | -2.74 | -1.51% |
The antitrust investigation from California comes just a week after the company's CEO, Sundar Pichai, and other big tech leaders agreed to testify at a House antitrust hearing. Other CEOs who will attend the hearing include Amazon's Jeff Bezos, Apple's Tim Cook and Facebook’s Mark Zuckerberg.