Legal News

Google Faced With Antitrust Lawsuit
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

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.”

  
What
Where


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.”

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.”

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!!






 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mid to Senior Level Labor and Employment Attorney

USA-CA-San Francisco

San Francisco office is seeking a mid to senior level labor and employment attorney.

Apply Now

Mid-Level Commercial Business Litigator

USA-CA-Los Angeles

Los Angeles office is seeking a commercial business litigation attorney with 2-5 years of experience...

Apply Now

Mechanical Patent Agent

USA-WI-Milwaukee

Milwaukee office of our client seeks mechanical patent agent with 2-4 years of prosecution experienc...

Apply Now

Estates and Trusts Attorney

USA-MD-Columbia

Columbia office of our client seeks estates and trusts attorney with 5+ years of experience in all a...

Apply Now

RELEVANT JOBS

Docketing Specialist (IP)

USA-DC-Washington

We are seeking a Docketing Specialist to join our team.  Based in the Washington, DC office, th...

Apply now

Senior Legal Department Administrator

USA-NY-Rochester

Please apply here:  Mixing technology, data, and first in class innovation, EagleView&#...

Apply now

Attorney - Labor and Employment

USA-NJ-Mount Laurel

Parker McCay is seeking an experienced attorney to focus on all aspects of counseling and litigation...

Apply now

Attorney - Commercial Finance

USA-NJ-Mount Laurel

Parker McCay is seeking a full time, mid to senior level commercial finance attorney to serve as cou...

Apply now

SEARCH IN ARCHIVE

To Top