Google hit with €2.1B lawsuit from more than 30 European media companies
The companies claim that they “incurred losses due to a less competitive market” because of Google’s advertising practices.
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The companies claim that they “incurred losses due to a less competitive market” because of Google’s advertising practices.
"Without Google's abuse of its dominant position, the media companies would have received significantly higher revenues from advertising and paid lower fees for ad tech services. Crucially, these funds could have been reinvested into strengthening the European media landscape," the lawyers said.
Alphabet's Google was hit with a US$2.3 billion lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging that they had...
Lawsuit filed by publishers including Axel Springer allege Google ‘abused its dominant position’ in digital ad-tech
Alphabet's Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted on Wednesday, alleging