The Justice Dept. is preparing an antitrust suit against Google (GOOG, GOOGL) over the company’s digital ad business, Bloomberg reports.
That’s a second such monopoly suit from U.S. antitrust officials, and it could come by year-end as the DOJ has stepped up its pursuit.
Shares are dipping after hours: GOOG -0.6%, GOOGL -0.6%.
Last October, the Justice Dept. and 11 states filed a landmark antitrust suit against the company, charging the search-engine giant with anticompetitive conduct to preserve monopolies in search and search advertising. Seeking Alpha