Tag GOOGL

(Bloomberg) -- K-pop superstars NewJeans pulled the plug on their partnership with Hybe Co., escalating an unprecedented uprising that’s transfixed South Korea, wiping out as much as 7% of the studio’s value on Friday.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasThe chart-topping girl group called a surprise conference Thursday night and declared...

Canada's antitrust watchdog said Thursday it is suing Google over alleged anticompetitive conduct in the tech giant’s online advertising business and wants the company to sell off two of its ad tech services and pay a penalty. The Competition Bureau said that such action is necessary because an investigation into Google found that the company “unlawfully” tied together its ad tech tools to maintain its dominant market position. The matter is now headed for the Competition Tribunal, a quasi-judicial body that hears cases brought forward by the competition commissioner about non-compliance with the Competition Act...

OTTAWA–Canada’s antitrust watchdog alleges that Google acted unlawfully in building market share in the online-advertising business, marking the latest regulatory headache for the tech giant. In a notice filed Thursday with Canada’s Competition Tribunal, the watchdog—known as the Competition Bureau—said it seeks to “put a decisive end to Google’s structural dominance and anticompetitive practice, [and] restore competition” in the country’s online-advertising marketplace. “Through a series of calculated decisions, taken over the course of multiple years, Google has excluded competitors and entrenched itself at the center of online advertising,” the Competition Bureau said in its notice...

Competition Bureau argues Google locks market participants into using its own advertising tech tools...

Alphabet's (GOOG, GOOGL) Google is being sued by the Competition Bureau Canada over anti-competitive...

(Bloomberg) -- Canada’s antitrust regulator is taking Alphabet Inc.’s Google to court for alleged abuse of dominance in web advertising, adding to a mounting pile of legal challenges for the search giant.Most Read from BloombergIn Traffic-Weary Toronto, a Battle Breaks Out Over Bike LanesIn Italy’s Motor City, Car-Free Options Are GrowingNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasGoogle illegally tied together advertising tools to maintain market supremacy and used this position...