Over 200 Newspapers Suing Facebook and Google for “Crippling their Businesses,” Reports NY Post
More than 200 newspapers are suing Facebook and Google, alleging that the tech titans have unfairly manipulated the advertising market, siphoning away their revenue and crippling their businesses, reports the New York Post.
The lawsuits are being filed on behalf of about 30 different companies that publish over 200 separate smaller newspapers across the country, and include a trove of local publications in Texas, West Virginia, Mississippi, Ohio and other states.
According to the NY Post, the lawsuits, “which were recently consolidated in New York state, come as the Justice Department, along with several state attorneys general, sued Google for violating antitrust laws. Facebook is facing a similar antitrust lawsuit from state attorneys general and the Federal Trade Commission.”
More here.
