No Result
View All Result
  • Login
Monday, June 23, 2025
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

Google urges tribunal to throw out $9.3 billion UK lawsuit over search ‘dominance’ By Reuters

by theadvisertimes.com
9 months ago
in Business
Reading Time: 2 mins read
A A
0
Google urges tribunal to throw out .3 billion UK lawsuit over search ‘dominance’ By Reuters
Share on FacebookShare on TwitterShare on LInkedIn


LONDON (Reuters) – Google parent Alphabet (NASDAQ:) on Wednesday asked a London tribunal to throw out a mass lawsuit that accuses the tech giant of abusing its dominance in the online search market.

The lawsuit – valued at up to 7 billion pounds ($9.3 billion) – is the latest case focusing on the business practices of Google, which is currently facing a major antitrust trial in the United States over its online advertising business.

It is also one of several multibillion-pound cases to have been filed at Britain’s Competition Appeal Tribunal in recent years, including a similar case against Google for allegedly abusing its dominance in the online advertising market.

Consumer rights campaigner and the lawsuit’s class representative Nikki Stopford argues Google’s dominance allows it to increase businesses’ costs for search advertising services which are then passed on to consumers.

Part of the lawsuit relies on the more than 4-billion-euro ($4.5 billion) fine levied on Google by the European Commission in 2018 for imposing restrictions on manufacturers of Android mobile devices, a decision being appealed by the tech company.

Stopford’s lawyers also argue Google reached an anticompetitive deal with Apple (NASDAQ:) to make it the default search engine on Apple’s Safari browser in exchange for a share of Google’s mobile search ad revenues.

The lawyers asked the Competition Appeal Tribunal to certify the case to proceed towards a trial, a very early step in any mass lawsuit. Google, however, says the case is seriously flawed.

“The suggestion that consumers have been harmed by the Google conducts at issue is strongly rejected,” Google’s lawyer Meredith (NYSE:) Pickford said in court documents.

Pickford added that the European Commission’s findings were simply “technical complaints about the particular form by which Google promoted its products”.

He also said that Google’s default search engine agreement with Apple was “in principle perfectly lawful”. Apple did not immediately respond to a request for comment.

($1 = 0.8994 euros)



Source link

Tags: BilliondominanceGoogleLawsuitReutersSearchThrowtribunalurges
ShareTweetShare
Previous Post

Alpha Pro Tech director Garcia sells shares worth $27,400 By Investing.com

Next Post

Earnings Preview: Costco (COST) looks poised to end fiscal 2024 on a high note

Related Posts

El Al seeks to avoid compensating stranded passengers

El Al seeks to avoid compensating stranded passengers

by theadvisertimes.com
June 23, 2025
0

El Al Israel Airlines Ltd. (TASE:ELAL) is seeking a ministerial declaration and legal amendment so it will not need...

Zen Technologies shares gain 2% after board approves acquisition of TISA Aerospace

Zen Technologies shares gain 2% after board approves acquisition of TISA Aerospace

by theadvisertimes.com
June 22, 2025
0

Shares of Zen Technologies gained 2% to their day’s high of Rs 1,938.90 on the BSE on Monday, June 23,...

G-Secs: US strikes on Iran expected to weaken rupee and bond yields

G-Secs: US strikes on Iran expected to weaken rupee and bond yields

by theadvisertimes.com
June 22, 2025
0

Mumbai: Indian bond yields and the rupee are expected to weaken following Sunday's unexpected US strikes on Iranian nuclear sites,...

Stock market today: Dow futures drop 150 points, oil jumps after U.S. bombs Iran

Stock market today: Dow futures drop 150 points, oil jumps after U.S. bombs Iran

by theadvisertimes.com
June 22, 2025
0

U.S. stock futures signaled anxiety Sunday night as Wall Street weighed the implications of deepening U.S. involvement in the Middle...

Trump is open to regime change in Iran, after his administration said that wasn’t the goal

Trump is open to regime change in Iran, after his administration said that wasn’t the goal

by theadvisertimes.com
June 22, 2025
0

President Donald Trump on Sunday called into question the future of Iran’s ruling theocracy after a surprise attack on three of the...

Should You Forget Bitcoin and Buy Solana?

Should You Forget Bitcoin and Buy Solana?

by theadvisertimes.com
June 22, 2025
0

Solana has underperformed Bitcoin over the past year. It faces a lot of competitive threats. It has catalysts on the...

Next Post
Earnings Preview: Costco (COST) looks poised to end fiscal 2024 on a high note

Earnings Preview: Costco (COST) looks poised to end fiscal 2024 on a high note

3 Pickleball Travel Destinations – NerdWallet

3 Pickleball Travel Destinations - NerdWallet

  • Trending
  • Comments
  • Latest
Sir Jack A Lot returns with a startup for retail traders

Sir Jack A Lot returns with a startup for retail traders

June 22, 2024
Superblocks Raises M to Secure AI App Generation for the Enterprise – AlleyWatch

Superblocks Raises $23M to Secure AI App Generation for the Enterprise – AlleyWatch

June 2, 2025
Finnish medtech AIATELLA raises €2M: Co-founder Jack Parker on using AI for preventative cardiovascular screening and easing radiologist burnout

Finnish medtech AIATELLA raises €2M: Co-founder Jack Parker on using AI for preventative cardiovascular screening and easing radiologist burnout

June 4, 2025
As Harvard’s and Yale’s private equity holdings go on sale, buyers can use this technique for 1,000% windfalls. ‘It makes your brain melt’

As Harvard’s and Yale’s private equity holdings go on sale, buyers can use this technique for 1,000% windfalls. ‘It makes your brain melt’

June 15, 2025
7 Payouts You Can Still Get From Old Lawsuits and Settlements

7 Payouts You Can Still Get From Old Lawsuits and Settlements

June 1, 2025
Osaic CEO questions LPL’s Commonwealth pledges

Osaic CEO questions LPL’s Commonwealth pledges

June 18, 2025
Russia Strikes Boeing | Armstrong Economics

Russia Strikes Boeing | Armstrong Economics

0
AI’s Game-Changing Potential in Banking: Are You Ready for the Regulatory Risks?

AI’s Game-Changing Potential in Banking: Are You Ready for the Regulatory Risks?

0
How to Choose a Bank for Your Nonprofit

How to Choose a Bank for Your Nonprofit

0
OpenAI pulls promotional materials around Jony Ive deal due to court order

OpenAI pulls promotional materials around Jony Ive deal due to court order

0
Markets Outlook: US PCE, GDP, Canadian CPI, Speeches From Central Banks’ Heads

Markets Outlook: US PCE, GDP, Canadian CPI, Speeches From Central Banks’ Heads

0
Elon Musk launches Tesla robotaxi service in Austin with .20 flat fee

Elon Musk launches Tesla robotaxi service in Austin with $4.20 flat fee

0
Markets Outlook: US PCE, GDP, Canadian CPI, Speeches From Central Banks’ Heads

Markets Outlook: US PCE, GDP, Canadian CPI, Speeches From Central Banks’ Heads

June 23, 2025
El Al seeks to avoid compensating stranded passengers

El Al seeks to avoid compensating stranded passengers

June 23, 2025
XRP Price Finds Some Relief, But Faces Headwinds on The Path Up

XRP Price Finds Some Relief, But Faces Headwinds on The Path Up

June 23, 2025
Russia Strikes Boeing | Armstrong Economics

Russia Strikes Boeing | Armstrong Economics

June 23, 2025
Zen Technologies shares gain 2% after board approves acquisition of TISA Aerospace

Zen Technologies shares gain 2% after board approves acquisition of TISA Aerospace

June 22, 2025
Markets Enter Uncharted Chaos as Iran Strike Forces Brutal Portfolio Resets

Markets Enter Uncharted Chaos as Iran Strike Forces Brutal Portfolio Resets

June 22, 2025
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Markets Outlook: US PCE, GDP, Canadian CPI, Speeches From Central Banks’ Heads
  • El Al seeks to avoid compensating stranded passengers
  • XRP Price Finds Some Relief, But Faces Headwinds on The Path Up
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.