Google faces €25bn lawsuit in UK and EU over digital advertising

13 September 2022

By : Quick Insurance Guru

Google is being sued for €25 billion (£21.6 billion) in the UK and EU for anticompetitive behaviour in the digital advertising business.

Credit : Unsplash

The company, which is a key player in the online ad market as well as being a dominant force in search

Credit : Unsplash

which coordinates the sale of online advertising space between publishers and advertisers.

Credit : Unsplash

"It is past time for Google to accept responsibility and pay for the harm it has done to this vital business."

Credit : Unsplash

That is why today we are announcing these actions across two jurisdictions to obtain compensation for EU and UK publishers.”

Credit : Unsplash

“This important claim will represent a class of victims of Google’s anti-competitive conduct in ad tech who have collectively lost an estimated £7bn.

Credit : Unsplash

The combined lawsuits seek total compensation of up to €25 billion, according to legal authorities.

Credit : Unsplash

The suits are being financed by litigation funding firms in the UK and the Netherlands, which take a cut of any proceeds from a successful case.

Credit : Unsplash

A spokesperson for Google said: “Google works constructively with publishers across Europe

Credit : Unsplash