Alphabet's Google Faces $2.3 Billion Lawsuit by 32 Media Groups, Axel Springer
Google is facing a $2.3 billion lawsuit filed by 32 media groups, including Axel Springer and Schibsted, over alleged losses caused by the company's digital advertising practices. The lawsuit accuses Google of harming businesses in the advertising market.
Sources
Reuters LegalGoogle was hit with a $2.3 billion lawsuit by 32 media groups, alleging they suffered losses due to the company's practices in digital advertising. The move by the group comes as antitrust regulators also crack down on Google's ad tech business https://t.co/8e5lDFTIDa https://t.co/pWWsUlWFCS
NEWSMAX
Alphabet's Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted Wednesday, alleging that they had suffered losses due to the company's practices in digital advertising. https://t.co/nAoON6gpsh https://t.co/hQmFNq4Vuo
The Wall Street Journal Google was hit with a $2.28 billion lawsuit by a group of European media organizations, who are alleging Google’s position in the advertising market harmed their business https://t.co/BOI32tTMfi https://t.co/BOI32tTMfi
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