Author of the article:
Joel Trenaman, Special to National Post
Nov 12, 2021 • 12 hours ago • 3 minute read • 11 Comments Google and Facebook are alleged to be colluding on the ad market in a deal that U.S. lawyers say violates anti-trust law.
In the wake of Facebook’s latest scandals punctuated by whistle-blower revelations and the cynically timed “Meta” sci-fi rebranding, it’s another story that has a greater chance to weaken the company’s dominance. A lawsuit spurred by the company’s apparent collusion with Google to ensure control of the online advertising market might just be the smoking gun that could empower regulators and threaten the bottom line.
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Since last month, Facebook has faced some of the worst press for a company in recent memory, as the Facebook Papers and sharp reporting by the Wall Street Journal, among others, revealed company inaction in the face of evidence that its products were damaging teenagers’ mental health, stoking hate speech and political violence , amplifying COVID19 falsehoods, and on and on.
Despite the best efforts of Frances Haugen and dramatic promises by politicians to do something, it’s unclear that any of the misdeeds went beyond the brazen prioritization of profit into…