One of the US's largest newspaper chains sued Google, accusing it of maintaining a monopoly over advertising and engaging in deceptive commercial practices.
The suit adds to the threats facing the search engine's ad business from antitrust officials and Congress.Gannett filed a federal lawsuit against Google on Tuesday in the Southern District of New York. The company, which owns more than 100 daily and 1,000 weekly papers in the U.S., alleged in its suit that Google's market dominance has significantly depressed ad revenue for the newspapers and has made competing extremely difficult.
"Google has monopolized market trading to their advantage and at the expense of publishers, readers, and everyone else," Gannett CEO Michael Reed argued."Digital advertising is the lifeblood of the online economy. Without free and fair competition for digital ad space, publishers cannot invest in their newsrooms."
"These claims are simply wrong," Dan Taylor, vice president of Google Ads, said in a statement sent to the Washington Examiner. Publishers have a multitude of options, Taylor said.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gannett Sues Google, Alleges Monopolization of Ad-Tech MarketsGannett sued Google and its parent company Alphabet, alleging anticompetitive monopolization of advertising-technology markets and deceptive commercial practices
Read more »
Gannett sues Google, Alphabet claiming they have a monopoly on digital advertisingThe largest U.S. newspaper publisher by total daily circulation alleges in the suit that Google controls how publishers sell their ad slots and forces them to sell an increasing amount of ad space to Google at lower prices.
Read more »
Gannett Sues Google, Alphabet Claiming They Have A Monopoly On Digital AdvertisingThe European Union launched an antitrust investigation into Google’s digital ad dominance in 2021.
Read more »
Gannett sues Google over its alleged ad tech monopolyIt adds to an already extensive list of lawsuits against the company for alleged anticompetitive behavior.
Read more »
News publishing giant Gannett sues Google for monopolizing ad tech | EngadgetGannett, a news publisher accused of monopolistic behavior, is suing Google for monopolistic behavior.
Read more »
Gannett Sues Google, Claims It Illegally Monopolized Ad MarketGannett sued Alphabet, the search engine’s parent company, in federal court on Tuesday, accusing it of illegally monopolizing the advertising market in a way that dampens news jobs, reduces ad revenue, and produces less quality journalism.
Read more »