02:00 PM EDT, 05/08/2024 (MT Newswires) -- Alphabet (GOOG, GOOGL) called on the Competition Appeal Tribunal in London to block a lawsuit alleging that the company is abusing its dominance in online advertising, Reuters reported Wednesday.

The suit seeks up to 13.6 billion pounds ($17 billion) in claims against Google ( GOOG ) on behalf of website and app publishers in the UK.

At the start of a three-day hearing Wednesday, lawyers for Ad Tech Collective Action asked for certification from the tribunal for the case to proceed toward a trial, Reuters reported.

Google ( GOOG ) said the case didn't explain how publishers supposedly suffered losses due to its alleged anticompetitive behavior, the report said.

Google ( GOOG ) and Ad Tech Collective Action didn't immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 171.25, Change: -1.73, Percent Change: -1.00