Google (GOOGL.US) caught in antitrust whirlpool again! Sued by advertising exchange platform PubMatic for billions of dollars in damages.
According to the Wisdom Finance APP, Google (GOOGL.US) has been sued by the advertising exchange platform PubMatic, accusing the former of illegally monopolizing the advertising technology market and demanding compensation in the billions of dollars. Google stated that the lawsuit is "without merit" and emphasized that advertisers and websites choose its tools because they are "efficient, affordable, and easy to use".
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