21 Jul
2024
21 Jul
'24
8:45 a.m.
https://www.reuters.com/legal/rumble-sues-google-over-digital-advertising-pr... WASHINGTON, May 13 (Reuters) - Video sharing platform Rumble (RUM.O), opens new tab said on Monday it has sued Google (GOOGL.O), opens new tab, arguing the tech giant has engaged in anticompetitive practices across its digital advertising products and sought damages in excess of $1 billion. The suit alleges Google has monopolized the ad stack "by buying companies up and down the chain, concurrently representing both ad buyers and sellers, while also running the exchange that connects those parties." ... Google's advertising business is responsible for about three-quarters of its revenue.