Google faces US$3.2 billion damage claims on ad-tech monopoly

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeInformation TechnologyNewsGoogle faces US$3.2 billion damage claims on ad-tech monopolyA second class of about 5,000 publishers can pursue about US$1.7 billion in damages from Google, the judge also ruledAuthor of the article:Leah Nylen and David VoreacosLast updated 49 minutes ago In a statement, Google said the ruling dismissed claims by some publishers who used a different ad-buying tool and that it will “defend the rest in court.” Photo by ADEK BERRY/AFP via Getty ImagesTHIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountIn an opinion late Wednesday, United States District Judge P. Kevin Castel in Manhattan said he will allow jury trials to move forward on how Google’s conduct related to its AdX advertising exchange harmed major publishers.This advertisement has not loaded yet, but your article continues below.A class of about 5,000 publishers can pursue about US$1.7 billion in damages from Google, he ruled, rejecting a bid by the company to contest the damage calculations. USA Today and Daily Mail, who each sued separately, will be allowed to seek about US$900 million and US$600 million, respectively, he found.Breaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try againIn a statement, Google said the ruling also dismissed claims by some publishers who used a different ad-buying tool and that it will “defend the rest in court.”Philip Korologos, a partner at Boies Schiller Flexner LLP who is representing the publishers, said they look forward to presenting the claims at trial where the class will seek to recover damages.The U.S. Justice Department and a group of states sued Google in 2023, accusing the company of illegally monopolizing several areas of the advertising technology used to buy, sell and serve the online display ads that appear on many websites. A federal judge in Virginia found that that the company illegally monopolized two advertising technology markets and ruled last month that Google must make its ad tech tools work with those operated by rivals, but declined to order a breakup of the business.The lawsuits pending in New York seek damages related to the same conduct. Castel hasn’t yet scheduled a trial date.USA Today and the Daily Mail didn’t immediately respond to requests for comment.We apologize, but this video has failed to load.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.