Jun 5, 11:15 AM

UK Tribunal Allows $17 Billion (£13 Billion) Adtech Lawsuit Against Google to Proceed

A UK lawsuit against Google over its adtech practices can proceed to trial, following a ruling by the Competition Appeal Tribunal. The lawsuit, valued at $17 billion (£13 billion or US$17.4-billion), accuses Google parent Alphabet of abusing its dominance in the online advertising market. The tribunal's decision allows the mass lawsuit, which alleges that Google leveraged its market position to the detriment of competitors and consumers, to move forward.

#UK #Google #Competition Appeal Tribunal #Alphabet

Written with ChatGPT (GPT-4o).

Sources

Mediagazer@mediagazer
2 years ago
The UK's Competition Appeal Tribunal rules that a class action lawsuit against Google over allegations of abusing its dominance in digital ads can proceed (@upmanyutrivedi / Bloomberg) https://t.co/nJcIy6W61w https://t.co/Ec71xwTF9X
Markets News@MarketsDotNews
2 years ago
London judges have approved a class action lawsuit against Google's ad tech services. #London #Google #AdTech #ClassAction
Techmeme@Techmeme
2 years ago
The UK's Competition Appeal Tribunal rules that a class action lawsuit against Google over allegations of abusing its dominance in digital ads can proceed (@upmanyutrivedi / Bloomberg) https://t.co/ofBX1ARKtz 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/llcE8c099P

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