Business Standard

Google, FB agreed to team up against antitrust action, says draft lawsuit

WSJ report cited an unredacted version of a lawsuit filed by 10 states against Google last week.

Photo: Reuters
Premium

The states had accused Google of working with Facebook in an unlawful manner that violated antitrust law to boost its already-dominant online advertising business.

Reuters
Facebook Inc and Alphabet Inc’s Google agreed to “cooperate and assist one another” in case of an investigation into their pact to work together in online advertising, the Wall Street Journal reported late on Monday.

The Journal report cited an unredacted version of a lawsuit filed by 10 states against Google last week.

The states had accused Google of working with Facebook in an unlawful manner that violated antitrust law to boost its already-dominant online advertising business.

According to the report, the lawsuit said that Google and Facebook were aware that their agreement could trigger antitrust investigations and discussed how to deal with

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in