UK watchdog accuses Google of anti-competitive behaviour in digital ads biz

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UK watchdog accuses Google of anti-competitive behaviour in digital ads biz - Business Standard

Quick Summary:

Google was slammed on Friday by UK regulators who say it's taking advantage of its dominance in digital advertising to thwart competition in Britain, ratcheting up pressure that the tech giant is facing on both sides of the Atlantic over its ad tech business practices.

Google is a major player throughout the digital ad ecosystem, providing servers for publishers to manage ad space on their websites and apps, tools for advertisers and media agencies to buy display ads, and an exchange where both sides come together to buy and sell ads in real time at auctions.

Britain's Competition and Markets Authority said that the US company gives preference to its own services to the detriment of online publishers and advertisers in Britain's 1.8 billion pound (USD 2.4 billion) digital ad market.