Google hit with $2.3 billion lawsuit by Axel Springer, other media groups

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Go back to Google hit with $2.3 billion lawsuit by Axel Springer, other media groups

Alphabet (GOOGL) hit with $2.3 billion lawsuit by 32 media groups - Reuters

February 28, 2024 12:04 PM EST

Google, owned by Alphabet (NASDAQ: GOOGL), is facing a $2.3 billion lawsuit filed by 32 media groups, including Axel Springer and Schibsted. The complaint alleges that the companies suffered losses due to Google's digital advertising practices.

According to the report by Reuters, the group includes... More