Google and Facebook signed a deal, which guaranteed Facebook would bid and win a certain fixed percentage of ad auctions. The tech giant has secret algorithms that increased prices for buyers while decreasing revenues for advertisers. The companies have denied that the deal was illegal.

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Google and Facebook signed a deal, which guaranteed Facebook would bid and win a certain fixed percentage of ad auctions. The tech giant has secret algorithms that increased prices for buyers while decreasing revenues for advertisers. The companies have denied that the deal was illegal. (reclaimthenet.org)

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[–] [deleted] • 1 pt

Well, one can't expect them to admit to breaking the law. I like how they got busted for colluding to keep tech wages low, paid the fine, and just kept doing it.

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