Tuesday, 02 January 2024 12:17 GMT

Google Hit By Lawsuit For Alleged Monopoly Violations In Advertising Technology: Report


(MENAFN- AsiaNet News)

PubMatic Inc. (PUBM) has reportedly sued Alphabet Inc.'s (GOOG) (GOOGL) Google in a federal court in Virginia over allegations of monopoly violations in the advertising technology field.

According to a Bloomberg report, PubMatic CEO Rajeev Goel stated that a prior federal judge's ruling in April, which determined that Google had illegally monopolized the advertising services market, was“meaningful but not complete.”

Get updates to this story developing <directly on Stocktwits<.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

MENAFN08092025007385015968ID1110033455

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search