Suit says Google, Facebook chiefs give nod to market pact

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SAN FRANCISCO - Top bosses of Google and Facebook were directly involved in approving an allegedly illegal 2018 deal to cement their dominance of the online advertising market, US court documents rev

ealed on Friday .make serious allegations against Big Tech giants long accused of holding monopolies.

The legal documents filed in a New York court clearly refer to Sundar Pichai, chief of Google's parent firm Alphabet, as well as Facebook executive Sheryl Sandberg and CEO Mark Zuckerberg - even if their names were redacted.The documents note that the economic terms were emailed to Facebook's CEO and he was advised:"'We're nearly ready to sign and need your approval to move forward.

It was the third time the suit was amended, and did not list Facebook or its parent company Meta as defendants. Google referred to the agreement internally as"Jedi Blue," the colour being a reference to Facebook's logo, according to the filing.

 

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