Google is being probed by the EU and the U.K. over whether it and Meta Platforms sought to illegally fix prices in digital advertising. Photo: Marcio Jose Sanchez/Associated Press Source link
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Details of alleged collusion between Google and Facebook to squash competition in the online ad space are set to be made public this week, a federal judge has ordered. The judge’s ruling, revealed in court documents on Friday, marks a defeat for Google, which had fought for extensive redactions in an antitrust complaint brought by Texas Attorney General Ken Paxton last year. Google had argued that parts of the complaint contained confidential business… Source link
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At the center of an antitrust lawsuit filed by 10 state attorneys general last month is a deal Google extended to Facebook to be a partner in the digital advertising space, according to court documents. Details of the agreement, based on documents the Texas attorney general’s office said it had uncovered as part of the multistate suit, were redacted in the complaint filed in federal court in Texas last month. But they were not hidden in a draft version of the complaint reviewed by The New… Source link
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The Wall Street Journal viewed part of a recent unredacted draft version of the lawsuit, which elaborates on allegations in the redacted complaint filed in a Texas federal district court. Also Read | Ten books from 2020 you must not miss Ten Republican attorneys general, led by Texas’ Ken Paxton, say Google gave Facebook special terms and access to its ad server, a ubiquitous tool for allocating advertising space across the web. This and other conduct by Google, they allege… Source link
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By Ryan Tracy and Jeff Horwitz State attorneys general said in a lawsuit earlier this month that a 2018 business agreement between two digital advertising giants, Facebook Inc. and Alphabet Inc.’s Google, was an illegal price-fixing deal. Lawmakers are calling for further investigation. The companies say it was above board. The Wall Street Journal viewed part of a recent unredacted draft version of the lawsuit, which elaborates on allegations in the redacted complaint filed in… Source link
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State attorneys general said in a lawsuit earlier this month that a 2018 business agreement between two digital advertising giants, Facebook Inc. and Alphabet Inc.’s Google, was an illegal price-fixing deal. Lawmakers are calling for further investigation. The companies say it was above board. The Wall Street Journal viewed part of a recent unredacted draft version of the lawsuit, which elaborates on allegations in the redacted complaint… Source link
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