A New York federal judge ruled that USA Today Co., Daily Mail General and Trust Plc, and a class of large publishers can seek over $3.2 billion in damages from Alphabet Inc.'s Google. The ruling allows jury trials to proceed on claims that Google monopolized advertising technology markets, causing harm to major publishers.
The ruling allows a significant damages claim against Google to proceed to trial, potentially impacting the company's ad-tech business and setting a precedent for future antitrust litigation in the digital advertising space.
A New York federal judge has ruled that USA Today Co., Daily Mail General and Trust Plc, and a class of large publishers can seek more than $3.2 billion in damages from Alphabet Inc.'s Google. The ruling, issued by US District Judge P. Kevin Castel, permits jury trials to proceed on allegations that Google monopolized advertising technology markets, causing harm to major publishers.
Castel stated that a class of approximately 5,000 publishers can pursue about $1.7 billion in damages from Google. The judge rejected a bid by Google to dismiss these claims.
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