Facebook’s Chief Rating Acting Officer Fisher Sheryl Sandberg Cannes Lions 2019: Speaking on stage during the Facebook session on June 19, 2019 in Cannes, France during the Facebook session.
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The Wall Street Journal reported on Tuesday that Google and Facebook would help each other even if they faced scrutiny over their agreement to work together in online advertising.
The story is based on an undetected version of a lawsuit filed by 10 U.S. states against Google last week that was viewed by the journal.
According to a report by Google and Facebook, a deal was struck in September 2018 in which Facebook agreed not to compete with Google’s advertising online advertising tools. In return, according to the journal, the social media giant was given “special treatment” while using it himself.
According to the lawsuit, the report states that Google and Facebook knew their deal could lead to an anti-trust investigation.
A Google spokesman told CNBC that the lawsuit was “false.” “The idea that this was a secret deal is just wrong. We’ve been public about this partnership for years,” he said.
CNBC Facebook did not immediately respond to a request for comment.
Read the full story in the journal here.
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