Rumble Files Second Lawsuit Against Google for Monopolistic and Anticompetitive Practices
14 Maggio 2024 - 12:56AM
Rumble (NASDAQ:RUM), the video-sharing platform and cloud services
provider, today announced that it has filed a second lawsuit
against Google for multiple violations of the Sherman Antitrust
Act. This lawsuit is separate and distinct from Rumble’s first
lawsuit against Google, which remains in active discovery.
In the new lawsuit, Rumble alleges that the massive technology
firm has engaged in a number of anticompetitive and exclusionary
practices across its range of digital advertising products known as
the “ad tech stack.” Rumble filed the suit late Monday in the U.S.
District Court for the Northern District of California, and is
seeking injunctive relief and damages in excess of $1 billion.
Rumble’s suit alleges that Google has monopolized the ad tech
stack by buying companies up and down the chain, concurrently
representing both ad buyers and sellers, while also running the
exchange that connects those parties. The arrangement creates
flagrant conflicts of interest and is analogous to insider trading
in financial markets. Google has access to information that allows
it to rig the system in its favor and extract supracompetitive fees
from every transaction. By engaging in such anti-competitive
practices, Google has effectively taxed Rumble’s success, which
would be even greater than it already is were Google not employing
such tactics.
Rumble further alleges that Google has maintained its monopoly
through additional anticompetitive conduct, including by tying its
products to lock in customers on both sides of the ad tech stack
and by reaching an agreement with Facebook to prevent Facebook from
offering competitive alternatives to Google’s ad tech
ecosystem.
Because it operates several businesses in the same arenas as
Google, Rumble is in a unique position to bring such a suit against
the monopolist tech giant. Unlike other companies, Rumble’s
operation includes a video-sharing platform, a cloud storage
service, and an advertising exchange, which means that Google’s
unfair practices are especially harmful to Rumble.
This is the second lawsuit filed by Rumble against Google, with
the first accusing the search engine operator of favoring itself
and another of its properties – YouTube – in its search results.
That suit also alleges that it is unfair that Google applications,
including YouTube, come pre-installed on Android-based devices.
That first suit was filed in the same federal court in California
in 2021 and is in active discovery, with a trial scheduled for May
2025.
Rumble is represented in this suit by Robert Dickerson of
Competition and Technology Law Group, LLP and Mark Meador and
Brandon Kressin of Kressin Meador Powers LLC.
ABOUT RUMBLE
Rumble is a high-growth video platform and cloud services
provider that is creating an independent infrastructure. Rumble’s
mission is to restore the internet to its roots by making it free
and open once again. For more information, visit:
corp.rumble.com.
Contact: press@rumble.com
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