UK watchdog accuses Google of anti-competitive behavior in digital ads business

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Business News

Canada Canada Latest News,Canada Canada Headlines

Britain’s competition watchdog has accused Google of taking advantage of its dominance in digital advertising to thwart competition.

‘We feared this might be a copycat’: Teen arrested in threat of Polk County high school day after shooting in GeorgiaDays of rain have saturated more than just the soil, a short break this morning will help with the commuteFILE - The Google logo at their offices in Granary Square, in London, on Nov. 1, 2018. – Google was slammed Friday by U.K.

The watchdog’s charges, known as a statement of objections, come two years after it opened its investigation. The European Union's antitrust authorities have also been Google's ad bidding services while and it has also been the focus of a “Google remains committed to creating value for our publisher and advertiser partners in this highly competitive sector,” the company said in a prepared statement."The core of this case rests on flawed interpretations of the ad tech sector. We disagree with the CMA's view and we will respond accordingly.”

The regulator's accusations include charges that Google manipulates advertiser bids so they have higher value when they go into AdX auctions then rival exchanges. AdX also gets to bid first in auctions run by Google's publisher ad server, potentially shutting out rivals from the chance to bid, the watchdog said.

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:

 /  🏆 246. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines