Google's Adtech Business To Undergo Stringent EU Antitrust Probe

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Google's Adtech Business To Undergo Stringent EU Antitrust Probe

Benzinga2021-06-20

The E.U. antitrust regulators are set to open an investigation into Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google's digital advertising practices, Reuters reported. The regulators ...

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Haryadi
·2021-06-20
Will it be like microsoft in the late 1990s?
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About 16% of the revenue came from its display or network business.\nAdvertisers and rivals have claimed that dependence on Google gives the company an unfair advantage, which allows the company to extract high fees from all sides and block rivals.\nPrice Action: GOOG shares closed 0.64% lower at $2,511.35 on Friday.\n\nSee more from Benzinga\n\nClick here for options trades from Benzinga\nGoogle Market Cap Surpasses Amazon's For The First Time\nGM-Backed Cruise Gets Approval To Carry Passengers In Driverless Cars\n\n© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":165577331,"gmtCreate":1624153837923,"gmtModify":1703829510353,"author":{"id":"3558693906750497","authorId":"3558693906750497","name":"Haryadi","avatar":"https://static.tigerbbs.com/c9ca0f043e0ae31d64fd7292b0ee9392","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Will it be like microsoft in the late 1990s?","listText":"Will it be like microsoft in the late 1990s?","text":"Will it be like microsoft in the late 1990s?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165577331","repostId":2144706507,"repostType":2,"repost":{"id":"2144706507","pubTimestamp":1624132368,"share":"https://www.laohu8.com/m/news/2144706507?lang=&edition=full","pubTime":"2021-06-20 03:52","market":"us","language":"en","title":"Google's Adtech Business To Undergo Stringent EU Antitrust Probe","url":"https://stock-news.laohu8.com/highlight/detail?id=2144706507","media":"Benzinga","summary":"The E.U. antitrust regulators are set to open an investigation into Alphabet Inc's (NASDAQ: GOOGL) (","content":"<html><body><img height=\"400\" src=\"https://s.yimg.com/uu/api/res/1.2/dSQPsoZdfnVXhlrfcf_4Ow--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/Benzinga/4362c101a6fc4efaa742f492a3eeb8aa\" title=\"\" width=\"600\"/>\n<ul>\n<li>The E.U. antitrust regulators are set to open an investigation into <strong>Alphabet Inc's</strong> (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google's digital advertising practices, Reuters reported.  </li>\n<li>The regulators are expected to open the investigation by the end of 2021. </li>\n<li>The E.U. competition watchdog has fined the company more than $9.8 billion for blocking rivals in online shopping in the last decade.</li>\n<li>Last week, France settled with Google for $268 million and various commitments over allegations related to the network business.</li>\n<li>European Union Competition Commissioner Margrethe Vestager has said that Google faces an \"extensive investigation\" into its advertising business, adding a new front to a decade-long antitrust battle, Bloomberg reported. </li>\n<li>The E.U. has been examining Google's data practices since 2019 and has widened the scope to look at Google's plans to phase out third-party cookies, the report says. </li>\n<li>The investigation would focus on Google's position vis-a-vis advertisers, publishers, intermediaries, and rivals. </li>\n<li>In 2020, the U.S. Justice Department also sued Google for abusing its dominance in search ads.</li>\n<li>A group of states led by Texas has filed a lawsuit focused on anti-competitive behavior on the network side of the company.</li>\n<li>According to the market researcher eMarketer, Google will control 27% of global online ad spending in 2021, including 57% for search ads and 10% for display.</li>\n<li>Google has made $147 billion in revenue from online ads in 2020, more than any other company in the world. About 16% of the revenue came from its display or network business.</li>\n<li>Advertisers and rivals have claimed that dependence on Google gives the company an unfair advantage, which allows the company to extract high fees from all sides and block rivals.</li>\n<li><strong>Price Action:</strong> GOOG shares closed 0.64% lower at $2,511.35 on Friday.</li>\n</ul>\n<p><strong>See more from Benzinga</strong></p>\n<ul>\n<li>Click here for options trades from Benzinga</li>\n<li>Google Market Cap Surpasses Amazon's For The First Time</li>\n<li>GM-Backed Cruise Gets Approval To Carry Passengers In Driverless Cars</li>\n</ul>\n<p><i>© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.</i></p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Google's Adtech Business To Undergo Stringent EU Antitrust Probe</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoogle's Adtech Business To Undergo Stringent EU Antitrust Probe\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-20 03:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/googles-adtech-business-undergo-stringent-195248099.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The E.U. antitrust regulators are set to open an investigation into Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google's digital advertising practices, Reuters reported.  \nThe regulators ...</p>\n\n<a href=\"https://finance.yahoo.com/news/googles-adtech-business-undergo-stringent-195248099.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/7R0G2rt0m0.DdlGSiaX6EQ--~B/aD00MDA7dz02MDA7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/bzhEsh4SFGeH9RfcYB70HA--~B/aD00MDA7dz02MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/Benzinga/4362c101a6fc4efaa742f492a3eeb8aa","relate_stocks":{"03086":"华夏纳指","GOOGL":"谷歌A","QNETCN":"纳斯达克中美互联网老虎指数","GOOG":"谷歌","09086":"华夏纳指-U"},"source_url":"https://finance.yahoo.com/news/googles-adtech-business-undergo-stringent-195248099.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2144706507","content_text":"The E.U. antitrust regulators are set to open an investigation into Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google's digital advertising practices, Reuters reported.  \nThe regulators are expected to open the investigation by the end of 2021. \nThe E.U. competition watchdog has fined the company more than $9.8 billion for blocking rivals in online shopping in the last decade.\nLast week, France settled with Google for $268 million and various commitments over allegations related to the network business.\nEuropean Union Competition Commissioner Margrethe Vestager has said that Google faces an \"extensive investigation\" into its advertising business, adding a new front to a decade-long antitrust battle, Bloomberg reported. \nThe E.U. has been examining Google's data practices since 2019 and has widened the scope to look at Google's plans to phase out third-party cookies, the report says. \nThe investigation would focus on Google's position vis-a-vis advertisers, publishers, intermediaries, and rivals. \nIn 2020, the U.S. Justice Department also sued Google for abusing its dominance in search ads.\nA group of states led by Texas has filed a lawsuit focused on anti-competitive behavior on the network side of the company.\nAccording to the market researcher eMarketer, Google will control 27% of global online ad spending in 2021, including 57% for search ads and 10% for display.\nGoogle has made $147 billion in revenue from online ads in 2020, more than any other company in the world. About 16% of the revenue came from its display or network business.\nAdvertisers and rivals have claimed that dependence on Google gives the company an unfair advantage, which allows the company to extract high fees from all sides and block rivals.\nPrice Action: GOOG shares closed 0.64% lower at $2,511.35 on Friday.\n\nSee more from Benzinga\n\nClick here for options trades from Benzinga\nGoogle Market Cap Surpasses Amazon's For The First Time\nGM-Backed Cruise Gets Approval To Carry Passengers In Driverless Cars\n\n© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}