In its statement, which was issued late Tuesday, TradeComet said it filed the lawsuit "when Google refused to stop engaging in predatory conduct to block search traffic by imposing massive, unjustified price increases. Google's anti-competitive conduct eliminated TradeComet as a competitor."
TradeComet.com said that its business-to-business search engine subsidiary was targeted by Google, which "then engaged in illegal conduct to diminish and ultimately extinguish SourceTool.com's platform."
A spokesman for Google said that the company's lawyers had not had a chance to review the lawsuit. But in a statement, Google said that "the advertising market in which Google operates is highly competitive and advertisers have a huge range of choices."
this should be real interesting.
[edited by: engine at 7:13 pm (utc) on Feb. 18, 2009] [edit reason] added quote [/edit]
Msg#: 3852029 posted 11:50 pm on Feb 18, 2009 (gmt 0)
more to the point of the discussion I was hoping to have here - do you suppose this might open up the opportunity for "class action" type suits against the big G?
That opportunity has always existed, but class-action attorneys pick their lawsuits carefully (since they typically invest their own money up front and are paid only if and when they get results). Entrepreneurial law firms can't afford to waste time and money on frivolous class actions.
Msg#: 3852029 posted 12:08 am on Feb 19, 2009 (gmt 0)
Or the person doing it is a lawyer. I know lawyers that file frivolous lawsuits like it is a bodily function. It does not cost much to file a lawsuit. It only costs money to pursue it. Some lawyer just blanket file hoping to get an out of court settlement with no intention of taking anybody to court.
Msg#: 3852029 posted 6:43 am on Feb 19, 2009 (gmt 0)
It would be nice if the ad algo went back to flat $0.05 min bids and just let the marketplace decide who gets listed where. It seems like most of these companies who file such suits are run by a bunch who don't understand how the Internet works and would probably do a lot better with a better business and no lawsuit.