Gannett Sues Google, Alleges Monopolization of Ad-Tech Markets
20 Juni 2023 - 2:55PM
Dow Jones News
By Will Feuer
Newspaper owner and digital media company Gannett said it has
sued Google and its parent company, alleging anticompetitive
monopolization of advertising-technology markets and deceptive
commercial practices.
Representatives for Google didn't immediately respond to a
request for comment.
Gannett accused Google and Alphabet of maintaining monopolies
over the tools that publishers and advertisers use to buy and sell
online ad space. Gannett said the lack of competition in the space
"depresses prices and reduces the amount and quality of news
content available to readers."
Gannett said Google's alleged misconduct has harmed news
publishers, particularly local news publishers. Gannett said it is
seeking damages from Google and Alphabet.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
June 20, 2023 08:40 ET (12:40 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
New Gannett (NYSE:GCI)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
New Gannett (NYSE:GCI)
Historical Stock Chart
Von Mai 2023 bis Mai 2024