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Posted by
Two Blokes Apr 17 -
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Stock
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Alphabet Inc (NASDAQ:GOOG) shares fell 1.5% on Thursday after a US federal judge ruled that Google unlawfully maintained monopoly power in its digital advertising business. The ruling by Judge Leonie Brinkema found that Google violated antitrust laws by tying together its ad server and ad exchange technologies, enabling it to dominate the $31 billion market for matching advertisers with website publishers.
