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Google has recently been sued for $2.3 billion by 32 media groups, including the German multinational mass media company Axel Springer and the Norway-based digital consumer brand Schibsted. According to the 2.1 billion euro lawsuit, the media companies have suffered losses because of Google's digital advertising practices.
Google's been hit with a major lawsuit in Europe from 32 media companies objecting to the company's digital advertising practices.
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BRUSSELS (Reuters) -Alphabet's Google was hit with a 2.1-billion-euro ($2.3 billion) 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 group - 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. "The media companies involved have incurred losses du...
Alphabet's Google was hit with a 2.1-billion-euro lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had suffered losses due to the company's practices...