Canada’s antitrust watchdog is suing Google over alleged anticompetitive conduct in the tech giant’s online advertising business and wants the company to sell off two of its services and pay a penalty.
‘This is a San Antonio tradition’: Raul Jimenez Thanksgiving Dinner celebrates 45 years1 hour agoFirst case of dengue virus found in Cameron County, Texas DSHS saysNow is the perfect time to take advantage of our latest Insider Deals that elevate your home, enhance self-care and get you into the holiday spirit.
TORONTO, ONTover alleged anticompetitive conduct in the tech giant’s online advertising business and wants the company to sell off two of its ad tech services and pay a penalty. The Competition Bureau said that such action is necessary because an investigation into Google found that the company “unlawfully” tied together its ad tech tools to maintain its dominant market position.The matter is now headed for the Competition Tribunal, a quasi-judicial body that hears cases brought forward by the competition commissioner about non-compliance with the Competition Act. The bureau is asking the tribunal to order Google to sell its publisher ad server, DoubleClick for Publishers, and its ad exchange, AdX. It estimates Google holds a market share of 90% in publisher ad servers, 70% in advertiser networks, 60% in demand-side platforms and 50% in ad exchanges. This dominance, the bureau said, has discouraged competition from rivals, inhibited innovation, inflated advertising costs and reduced publisher revenues. “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," Matthew Boswell, Commissioner of Competition, said in a statement.Dan Taylor, Google’s vice president of global ads, said in a statement that the bureau’s complaint “ignores the intense competition where ad buyers and sellers have plenty of choice.”to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade. The proposed breakup, floated in a 23-page document filed this month by the U.S. Department of Justice, calls for sweeping punishments that would include a sale of Google’s industry-leading Chrome web browser and impose restrictions to prevent Android from favoring its own search engine. Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Now is the perfect time to take advantage of our latest Insider Deals that elevate your home, enhance self-care and get you into the holiday spirit.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Google Maps and Google Earth just got tons of new AI-powered featuresGoogle Maps will offer an enhanced navigation experience soon, as well as Gemini AI integration for discovery and reviews.
Read more »
Google will make 2SV mandatory for Google Cloud subscribers starting next yearAlan, an ardent smartphone enthusiast and a veteran writer at PhoneArena since 2009, has witnessed and chronicled the transformative years of mobile technology. Owning iconic phones from the original iPhone to the iPhone 15 Pro Max, he has seen smartphones evolve into a global phenomenon.
Read more »
Former Google CEO Eric Schmidt discusses the DOJ move to have Google sell off ChromeMichel Martin asks former Google CEO Eric Schmidt about the government's move to separate Google from its Chrome browser and the future of artificial intelligence as envisioned in the book 'Genesis.'
Read more »
Google just removed speed traps from Google Maps, but don’t panicGoogle made a big change to the incident reports feature in Google Maps, replacing speed traps with a more generic police identifier.
Read more »
Google Chat update adds audio huddles via Google MeetCosmin, a tech journalist with a career spanning over a decade, brings a wealth of experience to PhoneArena. His expertise lies in brands like Samsung and Nokia, and he has a keen interest in innovative technologies. After a brief stint in PR, Cosmin returned to tech journalism in 2016, committed to delivering clear and objective news.
Read more »
OnePlus 13 vs. Google Pixel 9 Pro: How does OnePlus fare against Google’s best?The OnePlus 13 is not yet available in the Western market, but the Google Pixel 9 Pro is. Which phone should you buy?
Read more »