Google hit with $2.3B lawsuit by 32 media groups over digital ad practices

Google on Wednesday was slapped with a $2.3 billion lawsuit by media giant Axel Springer and 31 other publishers, alleging that they suffered heavy losses due to the search giant’s practices in digital advertising.The move by the group — which include publishers in Austria, Belgium, Bulgaria, the Czech Republic, Denmark, Finland, Hungary, Luxembourg, the Netherlands, Norway, Poland, Spain and Sweden — comes as Europe’s antitrust regulators crack down on Google’s ad tech business. The tech giant also faces a ...