Google hit with second antitrust blow, adding to concerns about future of ads business

In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNT Google CEO Sundar Pichai testifies before the House Judiciary Committee at the Rayburn House Office Building on December 11, 2018 in Washington, DC. Alex Wong | Getty Images Google's antitrust woes are continuing to mount, just as the company tries to brace for a future dominated by artificial intelligence. On Thursday, a federal judge ruled that Google held illegal monopolies in online advertising markets due to its position between ad buyers and sellers. The ruling, which followed a September trial in Alexandria, Virginia, represents a second major antitrust blow for Google in under a year. In August, a judge determined the company has held a monopoly in its core market of internet search, the most-significant antitrust ruling in the tech industry since the case against Microsoft more than 20 years ago. Google is in a particularly precarious spot as it tries to simultaneously defend its primary business in court ... Read full article.