Gannett lawsuit claims Google’s ad monopoly is hurting the news business

  • 📰 verge
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 67%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Another big lawsuit against Google.

, Gannett argues that although the digital ad market has exploded, publishers do not see as much of that money because Google and Alphabet have “acquired and maintain monopolies” for ad tech used to buy and sell ads by linking Google Ads with the AdX exchange where publishers sell their inventory. Google acquiredto help build out its ad tech stack, and Gannett alleges that the company is the “dominant player” for each step of the ad selling process.

“Google controls how publishers sell their ad slots, and it forces publishers to sell growing shares of that ad space to Google at depressed prices,” Gannett said. “The result is dramatically less revenue for publishers and Google’s ad-tech rivals, while Google enjoys exorbitant monopoly profits.” In

 

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:

 /  🏆 94. in CA

Canada Canada Latest News, Canada Canada Headlines

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

Gannett Sues Google, Claims It Illegally Monopolized Ad MarketGannett sued Alphabet, the search engine’s parent company, in federal court on Tuesday, accusing it of illegally monopolizing the advertising market in a way that dampens news jobs, reduces ad revenue, and produces less quality journalism.
Source: thedailybeast - 🏆 307. / 63 Read more »