Wednesday, December 23, 2020

GOOGLE & FACEBOOK CAUGHT COLLUDING

Big Tech giants Google and Facebook agreed to “cooperate and assist one another” if faced with antitrust litigation related to a deal on online advertising, according to a lawsuit filed by 10 states against Google last week.

According to the Wall Street Journal, the suit cites internal company documents that were “heavily redacted.”

The lawsuit, which is led by Texas, includes ten Republican attorneys general who allege that Google and Facebook joined in an agreement in September 2018 in which Facebook agreed not to compete with Google’s online advertising tools in exchange for special treatment when it used them.

In a heavily redacted passage, the lawsuit states that Google and Facebook were both aware that their agreement could trigger antitrust investigations and discussed how to deal with them.


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