BR100 Decreased By (-0.59%)
BR30 Decreased By (-1.22%)
KSE100 Decreased By (-0.5%)
KSE30 Decreased By (-0.44%)
AGHA 6.70 Increased By ▲ 0.02 (0.3%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 56.60 Decreased By ▼ -0.72 (-1.26%)
BOP 30.10 Decreased By ▼ -0.25 (-0.82%)
CNERGY 12.95 Decreased By ▼ -0.17 (-1.3%)
CSIL 5.34 Decreased By ▼ -0.07 (-1.29%)
FCCL 52.00 Decreased By ▼ -0.79 (-1.5%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.14 Increased By ▲ 0.02 (1.79%)
KEL 6.12 Increased By ▲ 0.03 (0.49%)
KOSM 6.05 Increased By ▲ 0.32 (5.58%)
LOTCHEM 26.31 Decreased By ▼ -0.15 (-0.57%)
MLCF 91.35 Decreased By ▼ -1.81 (-1.94%)
NBP 163.89 Decreased By ▼ -0.77 (-0.47%)
NCPL 53.71 Decreased By ▼ -1.95 (-3.5%)
NPL 58.99 Decreased By ▼ -2.17 (-3.55%)
OGDC 314.50 Decreased By ▼ -2.23 (-0.7%)
PACE 9.83 Decreased By ▼ -0.04 (-0.41%)
PAEL 35.15 Decreased By ▼ -0.48 (-1.35%)
PIBTL 14.72 Increased By ▲ 0.04 (0.27%)
PPL 222.10 Decreased By ▼ -4.81 (-2.12%)
PRL 90.99 Decreased By ▼ -2.03 (-2.18%)
PTC 59.28 Decreased By ▼ -0.98 (-1.63%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.79 Increased By ▲ 0.04 (0.46%)
TELE 7.60 Decreased By ▼ -0.20 (-2.56%)
TPL 22.01 Decreased By ▼ -0.34 (-1.52%)
TPLP 12.65 Decreased By ▼ -0.32 (-2.47%)
TREET 21.85 Decreased By ▼ -0.31 (-1.4%)
TRG 56.26 Decreased By ▼ -0.30 (-0.53%)
By

BRUSSELS: Alphabet unit Google will face damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two suits to be filed in British and Dutch courts in the coming weeks by a law firm on behalf of publishers.

Google’s adtech has recently drawn scrutiny from antitrust regulators following complaints from publishers.

The French competition watchdog imposed a 220-million-euro fine on the company last year while the European Commission and its UK peer are investigating whether Google’s adtech business gives it an unfair advantage over rivals and advertisers.

“It is time that Google owns up to its responsibilities and pays back the damages it has caused to this important industry. That is why today we are announcing these actions across two jurisdictions to obtain compensation for EU and UK publishers,” Damien Geradin at law firm Geradin Partners said in a statement on Tuesday.

Google criticised the imminent lawsuits, saying that it works constructively with publishers across Europe.

“This lawsuit is speculative and opportunistic. When we receive the complaint, we’ll fight it vigorously,” a spokesperson said.

The British claim at the UK Competition Appeal Tribunal will seek to recover compensation for all owners of websites carrying banner advertising, including traditional publishers. Britain has an opt-out regime.

The Dutch claim is open to publishers affected by Google’s actions. Litigation funder Harbour is funding both lawsuits.

Comments

Comments are closed for this article.