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Google and Facebook agreed to cooperate in response to antitrust allegations

Dow Jones quoted a draft lawsuit filed by 10 U.S. states against Google and reported that Facebook and Google had previously agreed to assist each other when their online advertising cooperation agreement faces antitrust investigations.

The lawsuit documents cited internal company documents saying that Google and Facebook were aware that their transactions might trigger antitrust investigations and discussed how to respond.

A Google spokesperson responded to Dow Jones saying that such antitrust agreements are very common and refuted allegations of manipulation of online advertising bidding in litigation documents. The spokesperson said Google did not provide Facebook with any exclusive arrangements and data.

A Facebook spokesperson responded to Dow Jones, saying that any allegations of harm to competition or allegations of Facebook misconduct are groundless.

(Source)

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