US media giant Gannett sues Google over "monopolization of advertising technology markets" and "deceptive commercial practices"
US media giant Gannett sues Google over "monopolization of advertising technology markets" and "deceptive commercial practices"
Lawsuit alleges digital advertising practices violate U.S. antitrust and consumer-protection laws Gannett Co., Inc. (NYSE: GCI) the largest publisher in the United States including USA TODAY and over 200 local publications, today filed a federal lawsuit in U.S. District Court for the Southern Distri...
In 2022, Google made upwards of $30 billion in revenue from the sale of ad space on publishers’ websites which was six times the digital advertising revenue of all U.S. news publications combined, according to a statement by Gannett.
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Sounds like good news to me. The article also states the doj and eu have launched similar lawsuits. Any reason this could be bad?
Given how much Gannett is to blame for newspaper consolidation and the resulting shitshow, this feels more like a "let them fight" at best.
Yeah -- I'm in the "let both of the capitalist megacorps lose" camp.
Lawyers on both sides: 💰💰💰