Sherrill Sandberg, Facebook’s Director of Operations, speaks on stage during a Facebook session at Cannes Lions 2019: Day Three on June 19, 2019 in Cannes, France.
Richard Board | Getty Images
Google and Facebook pledged to help each other if faced with an investigation into their agreement to work together on online advertising, according to A report from the Wall Street Journal Tuesday.
The story is based on an uncompromised version of a lawsuit filed by 10 US states against Google last week that was seen by the newspaper.
Google and Facebook reportedly struck a deal in September 2018 in which Facebook agreed not to compete with Google’s online advertising tools. In contrast, the social media giant received “special treatment” when he used it himself, according to the magazine.
The lawsuit reportedly states that Google and Facebook knew that their deal could lead to antitrust investigations.
A Google spokesperson told CNBC that the allegations made in the lawsuit are inaccurate. “The idea that this is a secret deal is totally wrong,” they said. “We have been public about this partnership for years.”
Facebook did not immediately respond to CNBC’s request for comment.
Read the full story of the magazine Here.
