Facebook, Google CEOs were aware of formal advertising market deal, according to court filing

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Chief executives of Alphabet Inc's Google and Facebook were aware of a deal to carve up part of the online advertising market, according to an amended complaint filed by Texas and other states that have filed an antitrust lawsuit against Google.

WashingtonChief executives of Alphabet Inc's Google and Facebook were aware of a deal to carve up part of the online advertising market, according to an amended complaint filed by Texas and other states that have filed an antitrust lawsuit against Google.

The deal with Facebook, which Google dubbed"Jedi Blue," was"signed off" by Google Chief Executive Sundar Pichai while Facebook CEO Mark Zuckerberg was on an email thread discussing it, they said in their third amended complaint.Google said the complaint's assertion"isn't accurate," and that the complaint itself is"full of inaccuracies.""We intend to file a motion to dismiss next week," a Google spokesperson said.

 

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Hmm. Don't know much about antitrust - but is that potentially a criminal violation of the Sherman Act?

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