Google And Meta Face Fresh Antitrust Probe Over ‘Jedi Blue’ Ad Deal
U.S. and U.K. regulators have launched parallel antitrust probes into Google Inc —Alphabet Inc (NASDAQ:GOOGL)— and Meta Platforms Inc (NASDAQ:FB) over ad deal “Jedi Blue.” The big tech giants could have disadvantaged online ad publishers and tech rivals. Allegations Against Google And MetaEU antitrust chief Margrethe Vestager said in a statement quoted by Reuters that “A competing technology to Google’s Open Bidding may have been targeted with the aim to weaken it and exclude it from the market for displaying ads on publisher websites and apps.” Q4 2021 hedge fund letters, conferences and more...