"Lawsuits seeking damages from Google's illegal ad tech monopoly are piling up following the Justice Department's successful antitrust case. Vox Media, The Verge's parent company, is the latest in a wave of media companies that have filed suit against Google, seeking to be reimbursed for the monopoly profits the tech company allegedly made at publishers' expense. "Absent Google's conduct, Vox Media would be able to make available even more, higher quality impressions for purchase on Vox Media's webpages and create more high-quality, premium journalism,""
"Lauren Feiner is a senior policy reporter at The Verge, covering the intersection of Silicon Valley and Capitol Hill. She spent 5 years covering tech policy at CNBC, writing about antitrust, privacy, and content moderation reform. Lawsuits seeking damages from Google's illegal ad tech monopoly are piling up following the Justice Department's successful antitrust case. Vox Media, The Verge's parent company, is the latest in a wave of media companies that have filed suit against Google, seeking to be reimbursed for the monopoly profits the tech company allegedly made at publishers' expense."
Following the Justice Department's successful antitrust case, multiple media companies and ad tech providers have filed lawsuits seeking damages from Google for allegedly maintaining an illegal ad tech monopoly. Vox Media filed suit in the Southern District of New York, alleging Google’s conduct reduced the availability and quality of impressions and deprived publishers of revenue. The Atlantic and Penske Media filed similar suits. Ad tech firms such as PubMatic and OpenX have also sued and provided trial testimony about Google’s conduct. Plaintiffs seek reimbursement for monopoly profits that Google allegedly extracted at publishers’ expense.
Read at The Verge
Unable to calculate read time
Collection
[
|
...
]