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GOOGLE SUED FOR $2.3BN BY EUROPEAN MEDIA GROUPS OVER DIGITAL AD LOSSES

theguardian.com2 min read

Summary from the TLDR Marketing newsletter

European media groups, including Axel Springer and Schibsted, filed a €2.1bn ($2.3bn) lawsuit against Google, alleging digital ad losses and antitrust violations. They are claiming that Google's dominance in ad-tech led to less competitive markets and reduced revenues for publishers.