S|W: The SaaS Weekly
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe.
Subscribe to S|W using the form at the bottom of this page to ensure you don’t miss out on the most important SaaS news every week!
RECOMMENDED BY HOCKEYSTICK:
“At Hustle Fund, we’re convinced that Canada is positioned well to produce some of the largest, category-defining companies on the planet. We’re eager to fund these companies, and excited to partner with Hockeystick to identify these opportunities!” – Eric Bahn (General Partner)
Since launch, Hockeystick has made over 6000 funder recommendations to Canadian startups. Learn how startups are using technology to meet funders around the world.
Genius Media Group Is Suing Google For Antitrust
Share
Filed to:ad exchange
Photo: Drew Angerer / Staff, Getty Images
To sign up for our daily newsletter covering the latest news, features and reviews, head HERE. For a running feed of all our stories, follow us on Twitter HERE. Or you can bookmark the Gizmodo Australia homepage to visit whenever you need a news fix.
Joining the national pile-on of entities suing Google for antitrust is Genius Media Group, which announced a lawsuit on Wednesday night related to the search giant’s ad exchange practices.
In the filing, Genius Media Group which owns the lyrics and annotations sites Genius and RapGenius alleges that Google has been able to achieve a near-monopoly with its display advertising marketplace by “erecting a toll bridge between publishers and advertisers and charging an unlawfully high price for passage.”
Google has engaged in monopolistic practices that allow it to collect vast amounts of personal data from consumers, Iowa Attorney General Tom Miller and attorneys general from 37 other states and territories asserted in a lawsuit Thursday, the latest in a bipartisan effort of government officials to take on Big Tech.
The lawsuit, led by Democratic Colorado Attorney General Phil Weiser and Republican Nebraska Attorney General Doug Peterson, contends Google has “methodically undertaken actions to entrench and reinforce its general search services and search-related advertising monopolies by stifling competition.”
“This is a case among other things about power,” Miller said Thursday in a virtual news conference. “Google has immense power in the technology world.”
New Google Antitrust Lawsuit Could Be Filed As Soon As Thursday
Share
Filed to:antitrust lawsuit
Photo: David Paul Morris / Stringer, Getty Images
To sign up for our daily newsletter covering the latest news, features and reviews, head HERE. For a running feed of all our stories, follow us on Twitter HERE. Or you can bookmark the Gizmodo Australia homepage to visit whenever you need a news fix.
A coalition of U.S. states is reportedly readying a new antitrust lawsuit against Google that will claim that the company changed its search infrastructure to the disadvantage of certain rivals that offer specialised search results.