A class action challenging a ban on cryptocurrency ads by both Meta and Google has been shut down in a court win for the tech giants.
Throughout 2018 and 2019, the two companies brought in measures to prohibit or restrict advertising relating to the crypto industry.
In the Federal Court lawsuit, filed August 2020, Israel-based solicitor Andrew Hamilton accused Meta, formerly known as Facebook, and Google of engaging in a cartel and implementing policies that were anti-competitive.
