Texas AG Ken Paxton said Google is using its “monopolistic power” to control pricing of online ads, fixing the market and eliminating competition
Dallas – Texas Attorney General Ken Paxton on Wednesday announced a multistate lawsuit against Google, accusing the search giant of “anti-competitive conduct” in the online advertising industry. Paxton said Google is using its “monopolistic power” to control pricing of online advertisements, fixing the market in its favor and eliminating competition. His office released a redacted copy of a federal lawsuit, but it was not immediately clear if it had been filed in court. “This Goliath of a company is using its power to manipulate the market, destroy competition, and harm you, the consumer,” Paxton said in the video posted on Twitter. Google, which is based in Mountain View, California, called Paxton’s claims “meritless” and said the price of online advertising has fallen over the last decade.
