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British Competition Regulator Says Google's Ad Practices Harmed Competition
An anonymous reader shared this report from CNBC: Britain's competition watchdog on Friday issued a statement of objections over Google's ad tech practices, which the regulator provisionally found are impacting competition in the U.K. In a statement, the Competition and Markets Authority alleged...
The "vast majority" of the U.K.'s thousands of publishers and advertisers use Google's technology in order to bid for and sell space to display ads in a market where players were spending £1.8 billion annually as of a 2019 study, according to the CMA. The regulator added that it is also "concerned that Google is actively using its dominance in this sector to preference its own services." So-called "self-preferencing" of services by technology giants is a key concern for regulators scrutinizing these companies.
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