Categories: Headline World

BREAKING: Google Faces Fresh £7 Billion UK Lawsuit Over Unlawful Market Dominance

Advertisement
Advertisement

Google has been slammed with a fresh £7 billion UK Lawsuit over unlawful market dominance and price inflation.

 

NewsOnline Newspaper reports that Google has been slammed with a fresh £7 billion UK Lawsuit for unlawful market dominance and price inflation.

 

This Nigeria News platform understands that the new lawsuit filed in Britain accuses the tech behemoth of stifling competition in the search engine market and driving up prices throughout the UK economy.

 

The claim, submitted to the UK Competition Appeal Tribunal, seeks a staggering £7 billion ($8.7 billion) in damages, representing practically every consumer in the nation.

 

The crux of the lawsuit revolves around Google’s alleged violations of competition law, primarily its tactics to eliminate mobile search competition and exploit its market dominance to inflate advertising costs, which are then transferred to consumers in the form of higher prices for goods and services.

 

Nikki Stopford, a prominent consumer rights advocate and the representative for the class action, remarked, “It’s a clear breach of competition law, for which consumers are paying the price. Google has been warned about its behavior by competition regulators repeatedly but has taken no meaningful action to stop the abuse. This action aims to make the company accountable for its repeated lawbreaking and get consumers back the money they’re owed.”

 

The lawsuit further claims that Google abused its dominant position by tying its Search with other apps and services, mandating smartphone manufacturers to pre-install Google Search and Google Chrome browser apps in exchange for access to the Google Play app store.

 

It also alleges that Google paid Apple to ensure Google remained the default search engine on Safari browsers in Apple devices like iPhones.

 

Consumer rights group Consumer Voice asserts that the lawsuit represents 65 million UK consumers who could potentially be owed approximately £100 each in compensation if the legal action proves successful.

 

In response, a Google spokesperson labeled the case as “speculative and opportunistic” and vowed to vigorously contest it. “People use Google because it is helpful. We only make money if ads are useful and relevant, as indicated by clicks –- at a price that is set by a real-time auction,” Google stated, emphasizing the role of advertising in facilitating the discovery of businesses and products.

This lawsuit adds to the growing list of legal woes for Google, which has faced previous litigation seeking billions in compensation for publishers over lost advertising revenue.

 

Moreover, Google and other tech giants have been under the scrutiny of regulators in the US, UK, and EU, as authorities intensify efforts to curtail their business practices.

 

In Britain, the Competition and Markets Authority (CMA) is currently investigating suspected anti-competitive conduct by Google related to its ad tech practices.

Advertisement
NewsOnline Nigeria

Recent Posts

  • Top Stories

BREAKING: Friday Declared Public Holiday For Civil, Public Servants

Friday has been declared a public holiday for civil and public servants.   NewsOnline Nigeria…

11 hours ago
  • Economy And Business

BREAKING: President Tinubu Proposes Staggering N47 Trillion For 2025 Budget

President Tinubu has proposed a staggering N47 trillion for the 2025 budget.   NewsOnline Nigeria…

11 hours ago
  • Top Stories

Lagos Government Shuts Down Popular Churches (FULL LIST)

Lagos Government has shut down popular churches over noise pollution.   NewsOnline Nigeria reports that…

22 hours ago
  • Crime Watch
  • Headline

BREAKING: EFCC Bans Okowa From Traveling Outside Nigeria

EFCC has banned Okowa from travelling outside Nigeria.   NewsOnline Nigeria reports that Ifeanyi Okowa,…

22 hours ago
  • Headline
  • Politics

BREAKING: Court Sacks Popular Ondo Governorship Candidate (PHOTO)

 Court has sacked popular Ondo Governorship Candidate.   NewsOnline Nigeria reports that the Labour Party…

23 hours ago
  • Headline

BREAKING: NNPC Sacks Top Executives (FULL LIST)

NNPC has sacked top executives.   NewsOnline Nigeria reports that the Nigerian National Petroleum Company…

23 hours ago