(ConservativeUnit.com)- If Big Tech wanted to prove they don’t engage in anti-competitive practices to protect their dominance in their respective markets, then working to “cooperate and assist” one another in the event of new anti-trust suits probably isn’t the way to do it
But that’s what they’re doing.
In a new lawsuit filed by the state of Texas against Google LLC, it’s revealed how social media giant Facebook and Google had a secret deal to defend one another in the event that they were targeted by an anti-trust lawsuit.
Just as shockingly, the lawsuit even claims that in September 2018, “Facebook agreed not to compete with Google’s online advertising tools in return for special treatment when it used them.”
If true, it means Google and Facebook engaged in anti-competitive practices that protected their monopolies in their respective online spaces…and then came to a deal to protect one another if a lawsuit was ever brought to them.
The Wall Street Journal also reports that Google and Facebook allegedly agreed not to compete with one another and offered each other unique concessions that would stop other players from competing.
The suit explains how authorities only became aware of the potentially illegal deals after internal communication from Google, dated November 2017, was revealed. A “Facebook Partnership” was discussed by Google, which would be managed by the “Top Partner Council”. The communication revealed how the companies would “collaborate when necessary to maintain the status quo.”
Purposely vague on purposely, probably…but we all know what status quo means, right?
Texas Attorney General Ken Paxton, who brought the state along with the states of Arkansas, Idaho, Indiana, Kentucky, Mississippi, Missouri, South Dakota, North Dakota, and Utah, said that Google eliminated competition in advertising.
“It isn’t fair that Google effectively eliminated its competition and crowned itself the head of online advertising,” he said.
The lawsuit says that both Facebook and Google demonstrated awareness of how their agreement “could trigger antitrust investigations and discussed how to deal with them,” and that their deal included a clause that revealed it. The tech giants reportedly agreed to “promptly and fully inform the Other Party of any Governmental Communication Related to the Agreement.”
This sounds like mob stuff!
Whether or not President Donald Trump wins another term as president, at least the Republican states remain committed to fighting Big Tech bias.
Google and Facebook both deny the accusations, but the hearings will reveal plenty more on this.