Free Market Evaluation - Send us your resume and we will give you free feedback
Judge Overturns Jury’s Decision
Judge Overturns Jury’s Decision
Winnipeg Lawyer Critically Injured In Office Bomb
Winnipeg Lawyer Critically Injured In Office Bomb
France Recognizes Children Born Abroad to French Parents
France Recognizes Children Born Abroad to French Parents
Disarm the Police Group Gets Saved By the Police
Disarm the Police Group Gets Saved By the Police
Your profile matches an open legal position. Apply now!
Legal Job Listings
Download PDF

Google Faced With Antitrust Lawsuit View Count: 79

TradeComet.com LLC, a New York-based company, claimed in federal court on Tuesday that Google Inc. violated antitrust laws by raising a subsidiary’s advertising rates after deciding the subsidiary was a competitor.

In its suit in the U.S. District Court for the Southern District of New York, TradeComet.com claims that Google initially supported SourceTool.com, TradeComet’s subsidiary.  SourceTool.com is a business-to-business search engine that connects suppliers of industrial products to buyers.  Google eventually deemed SourceTool.com a competitor, and according to TradeComet.com, raised its search advertising rates by 10,000 percent “with no notice.”

A Google spokesman said in a statement that, “We have not yet had a chance to review the complaint in detail, but, as we have consistently made clear, the advertising market in which Google operates is highly competitive, and advertisers have a huge range of choices.”

Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




TradeComet.com is represented by the law firm Cadwalader, Wickersham & Taft LLP.  Rick Rule, of Cadwalader said in a press release that “We believe this complaint has strong merit and represents a serious antitrust violation.”

Google Faced With Antitrust Lawsuit by

Tagged: , , , , , , , , , , , ,

Posted by on February 24, 2009. Filed under Legal News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

 

 

Job of the Day
Accountant for Law Firm
USA-FL-Pensacola
Cutting-edge law firm seeks experienced Staff Accountant to join their team! This position offers job security, flexibility, work-life balance, and competitive salary. Candidates should have 7 to 1...


Apply now

Related Posts: