News Formal

Canada Sues Google To Break Up Advertising Business

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 52%

Business News News

Business Business Latest News,Business Business Headlines

Canada's Competition Bureau is suing Google and wants it to sell off two of its ad services.

Canada's Competition Bureau filed a lawsuit on Thursday against Google, alleging anti-competitive practices in the tech giant's online advertising business.The Bureau is demanding that Google divest two of its key advertising technology tools—DoubleClick for Publishers and AdX—and pay a penalty to comply with the country's Competition Act.The lawsuit, filed with the Competition Tribunal, follows a multi-year investigation into Google's dominance in the digital advertising market.

'Google has abused its dominant position in online advertising in Canada by engaging in conduct that locks market participants into using its own ad tech tools, excluding competitors, and distorting the competitive process,' said Matthew Boswell, Canada's commissioner of Competition, in a statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 468. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canada's Competition Bureau sues to break up Google's ad businessAfter double majoring in unemployment (English and Art History), Igor’s career prospects were, to say the least, limited. It was either become a teacher or a writer. Thankfully, he went with the latter.
Source: engadget - 🏆 276. / 63 Read more »