Lawsuit claims Google and Facebook brokered secret deal to dominate ad market

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

The top executives at Google and Facebook are being accused of conspiring together by approving a secret deal that gave Facebook an advantage in online advertising auctions.

Attorneys for Texas and other states, according to court filings obtained by Fox News, say that the 2018 deal between tech giants potentially violated antitrust laws by giving Facebook unlawful advantages in Google’s advertising exchange.

The lawsuit alleges that Sheryl Sandberg, Facebook’s chief operating officer, negotiated the deal with Google chief executive Sundar Pichai with the approval of Facebook CEO Mark Zuckerberg. Facebook CEO Mark Zuckerberg A South Korea's antitrust regulator has fined Alphabet Inc's Google 207 billion won for blocking customized versions of its Android operating system , in the U.S. technology giant's second setback in less than a month.

The company also rejected the accusation that Pinchar was involved in a secret agreement and said "We sign hundreds of agreements every year that don't require CEO approval, and this was no different."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Of course they did.

Does this really surprise anyone?

And they both have

Wonder if that had anything to do with all the banning of the crypto ads...

ZuckerBorg 1.0 in the picture

Used charge..hi..

Nothing will happen. More power then any country in the world especially if they can ban a sitting president that was correct about a Russian Hoax, Hillary, FBI, DNC the Origins of covid Dr Fauci Bidens broken campaign promises etc etc etc

Ima kick Zuckerberg ass in the metaverse. I can't go to jail if I did that right?

ya think ?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lawsuit claims Google and Facebook brokered secret deal to dominate ad marketFacebook's COO allegedly called it a 'big deal strategically'
Source: fox32news - 🏆 547. / 51 Read more »