Article 6JZ8D Google sued for $2.3bn by European media groups over digital ad losses

Google sued for $2.3bn by European media groups over digital ad losses

by
Guardian staff and agencies
from Technology | The Guardian on (#6JZ8D)

Lawsuit filed by publishers including Axel Springer allege Google abused its dominant position' in digital ad-tech

Alphabet's Google was hit with a 2.1bn ($2.3bn) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the company's practices in digital advertising.

The move by the groups - which include publishers in Austria, Belgium, Bulgaria, the Czech Republic, Denmark, Finland, Hungary, Luxembourg, the Netherlands, Norway, Poland, Spain and Sweden - comes as antitrust regulators also crack down on Google's ad-tech business.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments