Tag Archives: suit

The recent LJS editorial (“Peterson deserves credit for leading on Facebook and Google suits”, Dec. 31) is misguided. As a small business owner who has survived the economic disruption of the pandemic with the assistance of free access to online services, I cannot think of a worse time for Attorney General Doug Peterson to attack technology companies. Doing so wastes taxpayer money and threatens the digital safety net that has been vital to the survival of small business during this… Source link

Records obtained by The Associated Press show Paxton signed contracts with the firms after eight of the Republican’s senior aides accused him of crimes. All eight have resigned or been fired, including the lawyer who was leading the Google investigation. Source link

Records obtained by The Associated Press show Paxton signed contracts with the firms after eight of the Republican’s senior aides accused him of crimes. All eight have resigned or been fired, including the lawyer who was leading the Google investigation. Source link

Texas Attorney General Ken Paxton is seeking $43 million in taxpayer money to pay outside lawyers to lead a 10-state antitrust lawsuit against Google By JAKE BLEIBERG Associated Press January 5, 2021, 8:50 PM • 5 min read Share to FacebookShare to TwitterEmail this article DALLAS — The mass exodus of Texas Attorney General Ken Paxton’s top staff over accusations of bribery against their former boss has left the Republican seeking $43 million in public funds to replace some of them with… Source link

The states have asked the court to force the company to sell off pieces of its business to take away its power to control such auctions. But there are other allegations that could cut Google even more deeply. Texas also alleges that Google violated state laws that forbid unfair or deceptive business practices — laws that mandate steep fines for each violation. The attorneys general plan to argue that every online bid allegedly manipulated by Google violates state laws, which would lead to… Source link

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority.The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to… Source link

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority.The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to… Source link

The states said they worked closely with the Justice Department in their investigation. They interviewed hundreds of witnesses from Google and rival companies and collected more than 45,000 private documents as evidence. Thursday’s announcement reflects the deep interest among regulators around the world in Google’s signature search product. In Europe, regulators fined Google roughly $2.7 billion for privileging its own comparison shopping tool over those produced by independent websites…. Source link

Online advertising is expected to generate $42 billion in revenue this year for Google, which captures a third of all digital ad spending, according to an October projection from the firm eMarketer. Google’s vast reach led Texas and other state attorneys general to conclude in their lawsuit that the tech giant essentially had built the “largest electronic trading market in existence,” operating ad systems that are not unlike trades on a stock exchange. In that analogy, though, Texas… Source link

Background: The DOJ and 11 states sued Google for antitrust violations on Oct. 20, two weeks before the presidential election. The majority of U.S. states, who have been investigating Google over antitrust concerns since Sept. 2019, opted to hold off signing on to the DOJ’s suit because of concerns about the timing and litigation strategy. That group, led by Colorado and Nebraska, is expected to file its own antitrust suit against Google over its power in the online search market in the… Source link