Media Company Files Antitrust Lawsuit Against Google, Facebook
A media company that operates several West Virginia newspapers is suing Google and Facebook for threatening the extinction of local newspapers across the country by their alleged anti-competitive business practices.
HD Media Company this week filed a lawsuit asking a federal court to determine whether the two Silicon Valley companies had violated anti-trust laws. The lawsuit claims Google had unlawfully exercised monopoly power of the digital advertising market, which has prevented newspapers from competing in the market and losing their primary source of revenue.
It also claims that Google and Facebook had “unlawfully conspired to engage in anticompetitive conduct,” through an alleged secret deal nicknamed “Jedi Blue.” Details of the alleged agreement were first revealed when 10 state attorneys general sued Google for multiple violations of federal and state antitrust and consumer protection laws.
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