New lawsuits against Google's EU advertising business threaten up to $25 billion in damages

New lawsuits against Google's EU advertising business threaten up to $25 billion in damages

Last June, the European Commission launched an investigation into Google’s digital advertising activities. According to Reuters, EU regulators recently expanded the case by taking over an investigation into the same matter by the Portuguese competition watchdog.

Help

More than 16 million hryvnias have already been collected for a fighter for the Armed Forces of Ukraine - thanks to the readers who donated 7 million hryvnias

Now Google is facing new lawsuits filed in courts in the UK and the Netherlands. Its purpose is to recover advertising revenue lost due to the company’s allegedly anti-competitive behavior over several years. The total amount of compensation could be up to $25 billion.

“This significant lawsuit will represent a class of victims of Google’s anti-competitive behavior in the ad tech space, who have collectively lost around £7bn. This includes news sites across the country with large daily audiences, as well as thousands of small business owners who depend on ad revenue. whether it be a fishing website, a food blog, a football fanzine or other online content that they have spent time creating and publishing,” said Toby Starr, partner at Humphries Kerstetter, a UK law firm that plans to take the case to an appeals court for competition.

It is noted that the British lawsuit is open, so any victim will automatically participate in the lawsuit, unless they state otherwise. The Dutch case is voluntary, so people will have to join the suit themselves. In the UK alone, many thousands of individuals are expected to be involved in the suit.

Google reacted to the lawsuit, calling it “speculative and opportunistic”, adding that it intends to actively fight it.

Become a Professional IT Recruiter and Earn $1800 in Two Years

REGISTER!

Recruitment

Source: techspot

Related Posts

UK to regulate cryptocurrency memes: illegal advertising

Britain’s financial services regulator has issued guidance to financial services companies and social media influencers who create memes about cryptocurrencies and other investments to regulate them amid…

unofficial renders of the Google Pixel 9 and information about the Pixel 9 Pro XL

The whistleblower @OnLeaks and the site 91mobiles presented the renders of the Google Pixel 9 phone. Four images and a 360° video show a black smartphone with…

Embracer to sell Gearbox (Borderlands) to Take-Two (Rockstar and 2K) for $460 million

Embracer continues to sell off assets – the Swedish gaming holding has just confirmed the sale of The Gearbox Entertainment studio to Take-Two Interactive. The sum is…

photo of the new Xbox X console

The eXputer site managed to get a photo of a new modification of the Microsoft Xbox game console. The source reports that it is a white Xbox…

Israel Deploys Massive Facial Recognition Program in Gaza, – The New York Times

The Technology section is powered by Favbet Tech The images are matched against a database of Palestinians with ties to Hamas. According to The New York Times,…

Twitch has banned chest and buttock broadcasts of gameplay

Twitch has updated its community rules and banned the focus of streams on breasts and buttocks. According to the update, starting March 29, “content that focuses on…

Leave a Reply

Your email address will not be published. Required fields are marked *