Austin, Texas (CBSDFW.COM) – Texas states “multiple violations of federal and state antitrust and consumer protection laws, including anti-competitive acts, exclusive practices, and deceptive misrepresentations related to roles in trillions of dollars.” He leads the Texas Union in a lawsuit against Google. “Online display advertising industry,” Ken Paxton’s Attorney General’s office said in a news release Wednesday, December 16.
“Google is a trillion-dollar monopoly that is bravely abusing its monopoly, urging senior Facebook executives to agree on a contract scheme that undermines the center of the competitive process. This in the electronic trading market. In ad monopoly, Google basically trades “insider information” by acting simultaneously as a pitcher, catcher, hitter, and referee. This is not the “free market” that is working here. This is anti-market and illegal under state and federal law, “said Attorney General Ken Paxton. “Google’s monopoly on the display advertising industry and its misleading business practices curb innovation, limit consumer choice and reduce competition. Texas and its ally coalition veil Google’s secret practices Brings this action to lift and secure relief to prevent engaging in future deceptive and misleading practices. “
The nine other states involved in the proceedings include Arkansas, Idaho, Indiana, Kentucky, Mississippi, Missouri, North Dakota, South Dakota, and Utah.
The proceedings allege that Google monopolized or attempted to monopolize the products and services used by advertisers and publishers in online display advertising.
The complaint also alleges that Google committed false and misleading fraud during the sale, purchase and auction of online display advertisements.
“These anti-competitive and deceptive practices have clearly reduced the publisher’s ability to monetize content, increased the cost of advertisers to advertise, and directly harmed consumers. “The Texas AG office said.
Read the proceedings edited here
Details of CBSDFW
Texas and nine other states sue Google for “anti-competitive practices, deceptive misrepresentations” – CBS Dallas / Fort Worth
Source link Texas and nine other states sue Google for “anti-competitive practices, deceptive misrepresentations” – CBS Dallas / Fort Worth