CASE FILES / U.S. v. GOOGLE (AD TECH)
RULED ILLEGALTHU 22 OCT 2026 · 3:45 · LONG-FORM

Google's 20% ad exchange cut

A federal court found Google's ad exchange took an average cut of about 20% on the ads sold through its auctions, for over a decade, while rival exchanges often charged closer to 10%. Google also ran the tool websites use to sell their ad space and tools advertisers use to buy it. The full case file, from the court record: how one ad gets sold, what Google owned, what the court found, and why Google still owns all of it.

Google's 20% ad exchange cut: the full case file3:45
20%

AdX's average cut of each ad sale, for over a decade, the court found.

OPINION OF 17 APR 2025, PP. 76 TO 79
10%

what rival exchanges often charged, the court found.

OPINION OF 17 APR 2025, P. 77
91%

Google's share of publisher ad servers worldwide, 2022, by ads served.

OPINION OF 17 APR 2025, P. 73
The record

The documents. Every number points to a page.

Memorandum opinion of 17 Apr 2025, United States et al. v. Google LLC, No. 1:23-cv-00108-LMB-JFA (E.D. Va.), Dkt. 1410PAGES USED: 15 TO 18, 28, 35 TO 36, 52, 73, 76 TO 79, 82, 94, 96, 114
Open
Courthouse News, the remedy, 2 Sep 2026NEWS REPORT
Open
AdExchanger, the proposed final judgments, 5 Oct 2026NEWS REPORT
Open

What the record is. Chapters on the market and the ruling come from the court's memorandum opinion of 17 April 2025, after a three-week bench trial. The 20% is AdX's overall average take rate; it varied ad by ad. The 2016 email is one manager's internal email shown at trial, not Google's position. The remedy of 2 September 2026 is as reported by the news outlets listed; we did not read the remedies opinion.

NumberWhat it isWhere
20%AdX's overall average take rate on open-web displayOp. pp. 35, 76 to 77
15% to 25%How the take rate varied, ad by adOp. pp. 35 to 36
10%What rival exchanges often chargedOp. p. 77
6 of 3,815Largest publisher customers that got a discountOp. p. 77
91%Publisher ad server share, worldwide, 2022Op. p. 73
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Open the documents above. Every number in the video points to its page.

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