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An amended version of a lawsuit filed in December of 2020 by multiple states accuses the CEOs of Facebook and Google of being direct participants in what the suit says is an illegal agreement to corner the digital advertising market.
The lawsuit has claimed that Google and Facebook acted to throttle competition.
The lawsuit claims the tech giants agreed to decrease prices paid to publishers, cut out rivals and manipulate ad auctions, according to CNBC .
“Google understood the severity of the threat to its position if Facebook were to enter the market and support header bidding,” the complaint reads, according to MarketWatch . “To diffuse this threat, Google made overtures to Facebook.”
When the initial complaint was made public, the outlines of the allegations were complete, but the text of the lawsuit was heavily redacted.
TRENDING: ACT NOW: US Rep. Kat Cammack Sounds Alarm – Dems Breaking All the Rules to End Free and Fair Elections Forevermore – Hiding HR1 in a NASA Bill – Contact Senators Now – List Attached The amended version was less so upon a judge’s order, allowing Americans to see that the coalition of states led by Texas Attorney General Ken Paxton targets top tech officials […]
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