Google’s recent track record of bending over backwards to get out of the regulatory limelight has given serious legs to rumors that it is contemplating spinning out its ad tech business into a separate Alphabet company. As expected, Google has denied the claims, which only serves to emphasize how the company seemingly has governmental opposition in every corner of its kingdom. It means seismic changes will be required sooner or later to kill multiple regulatory birds with one stone. This latest drama has been fueled by swirling rumors that the search giant is looking to pre-emptively swerve antitrust regulations, which many are expecting to land before Fall. First reported by The Wall Street Journal, after a supposed leak from…