Diamond Member Pelican Press 0 Posted November 29 Diamond Member Share Posted November 29 This is the hidden content, please Sign In or Sign Up Canada’s Competition Bureau sues to break up This is the hidden content, please Sign In or Sign Up ’s ad business Canada’s antitrust watchdog is suing This is the hidden content, please Sign In or Sign Up to force the breakup of the company’s ad tech unit. In a statement This is the hidden content, please Sign In or Sign Up , during the US Thanksgiving holiday, the Competition Bureau said a “thorough” investigation had found that This is the hidden content, please Sign In or Sign Up had abused its dominant position in programmatic web advertising to “maintain and entrench its market power.” Specifically, the watchdog has accused This is the hidden content, please Sign In or Sign Up of giving its own tools preferential access to online ad inventory. The Competition Bureau alleges the company also took a financial hit on some transactions in an effort to disadvantage rival platforms, and that it even went so far as dictating the terms by which its own customers could do business with competing ad tech companies. Among other remedies, the Competition Bureau is seeking to force This is the hidden content, please Sign In or Sign Up to sell two of its ad tech tools. The agency also wants the company to pay a penalty for its behavior. This is the hidden content, please Sign In or Sign Up did not immediately respond to Engadget’s request for comment. In a statement it This is the hidden content, please Sign In or Sign Up , This is the hidden content, please Sign In or Sign Up said the complaint “ignores the intense competition where ad buyers and sellers have plenty of choice.” The tech giant added it is looking forward to arguing its case in court. “Our advertising technology tools help websites and apps fund their content, and enable businesses of all sizes to effectively reach new customers,” Dan Taylor, vice-president of Global Ads at This is the hidden content, please Sign In or Sign Up , said separately. “The Competition Bureau conducted an extensive investigation that found that This is the hidden content, please Sign In or Sign Up 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,” said Matthew Boswell, Canada’s Commissioner of Competition. “ This is the hidden content, please Sign In or Sign Up ’s conduct has prevented rivals from being able to compete on the merits of what they have to offer, to the detriment of ********* advertisers, publishers and consumers. We are taking our case to the Tribunal to stop this conduct and its harmful effects in Canada.” The case comes as This is the hidden content, please Sign In or Sign Up attempts to fend off a separate attempt by the US Department of Justice to break up the company’s ad business. The two sides made their closing arguments in that case on Monday, and a decision could be announced as early as next week. This is the hidden content, please Sign In or Sign Up #Canadas #Competition #Bureau #sues #break #Googles #business This is the hidden content, please Sign In or Sign Up This is the hidden content, please Sign In or Sign Up Link to comment https://hopzone.eu/forums/topic/177441-canada%E2%80%99s-competition-bureau-sues-to-break-up-google%E2%80%99s-ad-business/ Share on other sites More sharing options...
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