A West Virginia media company that operates several newspapers is suing Google and Facebook for threatening the extinction of local newspapers across the country with their allegedly anticompetitive business practices.
HD Media on Jan. 29 filed a lawsuit asking a federal court to determine whether the two Silicon Valley companies had violated antitrust laws. The lawsuit claims Google has unlawfully exercised monopoly power of the digital advertising market, which has prevented newspapers from competing in the market and losing their primary source of revenue.
