The Heat Mounts on Google
Good is having good months in the markets but the legal team may not be smiling right now. Yes, another antitrust lawsuit has been filed against the search giant.
Big Tech's power keeps being put to the test, as Google is hit with its third antitrust lawsuit in two months by bipartisan attorneys general in 38 states. They accuse the tech giant of an illegal monopoly in general search and search advertising. But CNBC reports that unlike the Justice Department's October lawsuit, the latest one focuses on "different mechanisms that the AGs claim Google used to illegally maintain its monopoly power." On Wednesday, Texas led the charge among 10 states suing Google, alleging it overcharged publishers for ads and cut a deal with Facebook to curtail competition.