Big if true.CNBC said:The U.S. Justice Department is planning an antitrust investigation into Alphabet’s Google subsidiary, the Wall Street Journal reported on Friday.
The report comes amid discussion from politicians and the public about whether large technology companies should be broken up. The Justice Department launched a major antitrust case against Microsoft in 1998 that led to several rules the company had to follow for years.
Alphabet, which racked up $136.8 billion in revenue in 2018, has faced antitrust pressure in the past.
In 2010, the company faced antitrust complaints from the European Commission regarding ranking of shopping search results and ads, which resulted in Google paying $2.7 billion in 2017. In 2016, the EC complained of certain Android practices to which the company recognized a charge of $5.1 billion in the second quarter of 2018.
Google and the Justice Department didn’t immediately respond to a request for comment.
Justice Department is reportedly preparing antitrust probe of Google
The U.S. Justice Department is reportedly planning to launch an antitrust investigation into Google.