fbpx
BusinessGoogle abusing power over website ads, UK regulator says...

Google abusing power over website ads, UK regulator says – Times of India

-

- Advertisment -spot_img



LONDON: Britain’s antitrust regulator said on Friday it had provisionally found Alphabet‘s Google had abused its dominant position in digital advertising to restrict competition.
The Competition and Markets Authority (CMA) said it believed Google was using anti-competitive practices in open display ad tech through the preference of its own ad exchange, which could be harming thousands of British publishers and advertisers.
“We’ve provisionally found that Google is using its market power to hinder competition when it comes to the ads people see on websites,” said Juliette Enser, the CMA’s interim executive director of enforcement.
“Many businesses are able to keep their digital content free or cheaper by using online advertising to generate revenue. Adverts on these websites and apps reach millions of people across the UK – assisting the buying and selling of goods and services.”
Google said it disagreed with the CMA’s view and would respond accordingly.
“Our advertising technology tools help websites and apps fund their content, and enable businesses of all sizes to effectively reach new customers,” said Google’s VP of Global Ads Dan Taylor.
“Google remains committed to creating value for our publisher and advertiser partners in this highly competitive sector. The core of this case rests on flawed interpretations of the ad tech sector.”
The U.S Department of Justice and the European Commission are also investigating Google’s activities in ad tech.
In June 2023, EU regulators said Google may have to sell part of its adtech business to address its concerns. Google said in December that such a step would be “disproportionate”.
The CMA said it had provisionally found that since at least 2015 Google had been abusing its dominance on both the buying and selling sides of the advertising supply chain to favour its own ad exchange AdX in matching auctions.
It said it would now consider representations from Google before reaching a decision on what action it would take.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Indian Share Market Opens In Green As Nation Pays Homage To Dr Singh

New Delhi: The Indian stock market opened on a high note on Friday amid mixed global cues as...

What To Expect From The 2025 Maha Kumbh Mela: A Sneak Peek – News18

Last Updated:December 27, 2024, 09:29 ISTKumbh Mela is famous for the sacred river bathing ritual to wash away...

Man arrested for disrupting Christmas church services, pouring whiskey into holy water: deputies

A Maryland man was arrested after he disrupted two local churches' Christmas Eve services, including pouring whiskey...
- Advertisement -spot_imgspot_img

Manmohan Singh, India’s former prime minister, dies at 92

India's former Prime Minister Manmohan Singh, widely regarded as the architect of India's economic reform program and a...

Must read

New country album pays homage to Tom Petty

New country album pays homage to Tom Petty...

At least 10 shot dead as section of Kenyan parliament set on fire

At least ten people were shot dead in...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you