Tag Archives: lawsuit

TipRanks Raymond James: 2 Big 7% Dividend Stocks to Buy Now Watching the markets with an eye to the main chance, Raymond James strategist Tavis McCourt sees both risk and opportunity in current market conditions. The opportunity, in his opinion, stems from the obvious factors: the Democrats won both Georgia Senate seats in the recent runoff vote, giving the incoming Biden Administration majority support in both Houses of Congress – and increasing the odds of meaningful fiscal support getting… Source link

A Dutch consumer advocacy group is suing the country’s privacy regulator over a two-year wait for action on a complaint against Google, arguing there are flaws in the European system for handling data privacy and security cases involving multinationals that operate in many countries. The lawsuit highlights growing dissatisfaction among consumers, privacy advocates and some regulators about the way complaints against large companies are handled by the data protection authority in the country… Source link

The mass exodus of Texas Attorney General Ken Paxton’s top staff over accusations of bribery against their former boss has left Paxton seeking $43 million in public funds to replace some of them with outside lawyers to lead a high-profile antitrust lawsuit against Google. Former Paxton aides told The Associated Press that before they reported him to the FBI in September and began resigning, the lawsuit against the search engine giant was set to be handled internally by what is one of the… Source link

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

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

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

Applico CEO Alex Moazed on the DOJ’s lawsuit against Google as the company calls it ‘deeply flawed.’ WASHINGTON— Facebook Inc. and Alphabet Inc.’s Google agreed to “cooperate and assist one another” if they ever faced an investigation into their pact to work together in online advertising, according to an unredacted version of a lawsuit filed by 10 states against Google last week. Ticker Security Last Change Change % FB FACEBOOK INC. 268.96 -3.83 -1.40% GOOGL ALPHABET INC. 1,719.41

(Reuters) – Facebook Inc and Alphabet Inc’s Google agreed to “cooperate and assist one another” in case of an investigation into their pact to work together in online advertising, the Wall Street Journal reported late on Monday. The Journal report cited an unredacted version of a lawsuit filed by 10 states against Google last week. The states had accused Google of working with Facebook in an unlawful manner that violated antitrust law to boost its already-dominant online advertising… Source link

The suit, as filed, cites internal company documents that were heavily redacted. The Wall Street Journal reviewed part of a recent draft version of the suit without redactions, which elaborated on findings and allegations in the court documents. Ten Republican attorneys general, led by Texas, are alleging that the two companies cut a deal in September 2018 in which Facebook agreed not to compete with Google’s online advertising tools in return for special treatment when it used… Source link

Google said on Monday that it had not used its multibillion-dollar deals with other large tech firms to protect its position as the dominant online search engine, in the company’s first formal rebuttal to the Justice Department’s accusations that those deals violated antitrust laws. The filing, a 42-page document, is a paragraph-by-paragraph — and sometimes sentence-by-sentence — denial of the claims made by the government and a group of states that have joined its lawsuit. In the… Source link