Google Faces $25.4 Bln Damages Claims in UK, Dutch Courts over Adtech Practices

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Google Faces $25.4 Bln Damages Claims in UK, Dutch Courts over Adtech Practices

Reuters2022-09-13

Alphabet unit Google faces damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two suits filed in British and Dutch courts on Tuesday by a law firm on ...

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luckyjas
·2022-09-13
No wonder suddenly drop
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That is why today we are announcing these actions across two jurisdictions to obtain compensation for EU and UK publishers,\" Damien Geradin at law firm Geradin Partners said in a statement.Google did not immediately respond to a request for comment.The British claim at the UK Competition Appeal Tribunal will seek to recover compensation for lost revenue from the sale of advertising space on the websites of news publishers and any site funded by online advertising.The Dutch claim is open to publishers affected by Google's actions. 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