2024-09-06 17:55:08
Business
Economy

Google Accused of Abuse of Power in Online Advertising

Image used under license from Shutterstock.com

The UK competition authority, CMA, accuses Google of using its market power to hinder competition in online advertising, disadvantaging British publishers and advertisers. Google denies the allegations and defends its programs that help businesses reach new customers.

The EU and the US are also pressuring Google over its advertising technology, with the EU considering a forced sale of business units. If successful, the US lawsuit could result in the breakup of Google.

The CMA investigation continues, and fines or penalties may be imposed if Google is found to have violated competition laws. Google's antitrust challenges extend globally, with the company facing scrutiny in the EU and the US for its anti-competitive practices in the ad market.

A ruling against Google could have significant implications for publishers and advertisers relying on its tools.

zeit
6. September 2024 um 09:01

Monopoly in Internet Search: Is Google Facing Breakup?

Economy
Technology
Finance
Google has been sued by the US government for its monopoly position. The ruling could have implications for Google's business practices, such as a ban on exclusive contracts. Further proceedings against Google are ongoing, including for abuse of its dominant position in the advertising technology sector. Yelp has also sued Google. The European Court of Justice is deciding on a fine of 2.4 billion euros against Google.
TechCrunch
6. September 2024 um 10:41

Google faces provisional antitrust charges in UK for ‘self-preferencing’ its ad exchange

Economy
Technology
Google's adtech empire is also under investigation in the EU and US. The UK regulator's findings add to Google's antitrust woes, as the EU warned that breaking up Google's adtech business may be the only viable solution if it is found to have broken competition laws.
The Verge
6. September 2024 um 13:35

Google and DOJ return for round two of their antitrust fight — this time about ads

Economy
Technology
Finance
The DOJ's antitrust lawsuit against Google over alleged ad market monopolization will feature testimony from industry leaders including YouTube CEO Neal Mohan, The Trade Desk CRO Jed Dederick, BuzzFeed's Ken Blom, Vox Media's Ryan Pauley, and Emarketer senior analyst Evelyn Mitchell-Wolf. The case centers on Google's dominance in search, ad tech tools, ad networks, and ad exchanges, which the DOJ says it illegally leveraged and tied together to exclude rivals. Google argues the government's view..
EURACTIV.com
6. September 2024 um 13:59

Google uses anti-competitive advertising practices, UK authority finds

Economy
Technology
Finance
The UK's CMA found Google's anti-competitive advertising practices harm UK publishers and advertisers, facing similar regulatory challenges globally. Google disagrees with the CMA's view and will respond. The CMA investigation continues, and it could impose fines or other penalties if it finds Google has broken competition laws. The EU has previously fined Google over its anti-competitive practices.
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