Connect with us

Hi, what are you looking for?

Top News

Google and Facebook have agreed to cooperate against potential antitrust measures

Sherrill Sandberg, Facebook’s Director of Operations, speaks on stage during a Facebook session at Cannes Lions 2019: Day Three on June 19, 2019 in Cannes, France.

Richard Board | Getty Images

Google and Facebook pledged to help each other if faced with an investigation into their agreement to work together on online advertising, according to A report from the Wall Street Journal Tuesday.

The story is based on an uncompromised version of a lawsuit filed by 10 US states against Google last week that was seen by the newspaper.

Google and Facebook reportedly struck a deal in September 2018 in which Facebook agreed not to compete with Google’s online advertising tools. In contrast, the social media giant received “special treatment” when he used it himself, according to the magazine.

The lawsuit reportedly states that Google and Facebook knew that their deal could lead to antitrust investigations.

A Google spokesperson told CNBC that the allegations made in the lawsuit are inaccurate. “The idea that this is a secret deal is totally wrong,” they said. “We have been public about this partnership for years.”

Facebook did not immediately respond to CNBC’s request for comment.

Read the full story of the magazine Here.

See also  More Than Two Hundred Billion Dollars Have Been Stolen From America's "Covid" Aid Programs
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Top News

In a harrowing incident that has shaken the community of Lewiston, Maine, a series of shootings on Wednesday evening resulted in a tragic loss...

Top News

President Joe Biden’s abrupt departure from a speech on the U.S. economy at the White House on Monday sent a ripple of speculation and...

Tech

A dangerous application appeared in the Apple App Store disguised as a known program. 24.hu reported the Based on TechCrunch article. Dangerous app in...

World

Chinese scientists have discovered a little-known type of ore containing a rare earth metal highly sought after for its superconducting properties. The ore, called...

Copyright © 2023 Campus Lately.