CEO Morning Brief

Rumble Sues Google Over Digital Advertising Practices

Publish date: Wed, 15 May 2024, 10:41 PM
TheEdge CEO Morning Brief

WASHINGTON (May 14): Video sharing platform Rumble said on Monday it has sued Google, arguing the tech giant has engaged in anticompetitive practices across its digital advertising products and sought damages in excess of US$1 billion (RM4.73 billion).

The suit alleges Google has monopolised 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."

Rumble has accused Google of maintaining its monopoly by reaching an agreement with Meta's Facebook to prevent Facebook from offering alternatives to Google's ad tech ecosystem.

Google did not immediately respond to a Reuters' request for comment on the lawsuit.

Rumble filed the suit late on Monday in the US District Court for the Northern District of California.

This is the second time Rumble has filed a lawsuit against Google. The earlier suit filed in 2021 accused the company of favoring itself and its video sharing platform, YouTube, in its search results.

The US Justice Department also filed an advertising lawsuit against Google last year accusing the company of abusing its dominance of the digital advertising business and argued that it should be forced to sell its ad manager suite.

Google's advertising business is responsible for about three quarters of its revenue.

Source: TheEdge - 15 May 2024

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