Suit says Google, Facebook chiefs OK’d market pact

Published by
AFP

San Francisco (AFP) – 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 revealed Friday. The records, part of an anti-trust lawsuit by a coalition of US states targeting Google, make serious allegations against Big Tech giants long accused of holding monopolies. According to the states’ accusations, the online search colossus sought to oust competition by manipulating ad auctions — the ultra-sophisticated system that determines which ads appear on web pages based o…

Read More