Google accused of illegal agreement with Facebook to manipulate online advertising

by @mybroadband

@mybroadband— Sundar Pichai, chief executive officer of Google and its parent Alphabet, personally approved what state attorneys general say was an illegal agreement with Facebook to manipulate the digital advertising market, according to a new court filing by the states.

CNBC—Google, Facebook CEOs oversaw illegal ad auction deal that gave Facebook an advantage, states allege. Chief executives of Google and Facebook personally oversaw a 2018 deal that advantaged Facebook on Google's ad auctions, a group of states alleged on Friday.

Mail Online—How Google 'RIGGED' the online advertising market. The damning claims in a Texas lawsuit accuse Google of running a digital advertising monopoly that increased the cost to advertisers and harmed ad industry competitors and publishers.

Newsbusters—Lawsuit Alleges Advertising Collusion Between Google and Facebook. A lawsuit filed by 16 states and one territory alleged Google and Facebook negotiated an underhanded agreement to rig online advertising in their favor. The most powerful companies in history have allegedly colluded to rig the internet in their favor in an agreement codenamed “Jedi Blue” by those involved. “Top executives at Google and Facebook were involved in an effort to limit competition in a portion of the online advertising market, according to a newly amended (and less heavily redacted)...