EU Regulators Prepare to Charge Google With Antitrust Violations Over Ad Business

Google's ad revenue amounted to nearly $225 billion in 2022
The European Union (EU) is preparing to file another antitrust complaint against Google's advertising technology industry dominance
The charges could come with massive fines for Google and could be announced by Wednesday
Google's ad tech drives most of its revenue, comprising about 80 percent
The EU's latest charges will "target the core" of Google's ad tech business model and could result in a mandate to break up Google's ad tech business.