Brussels, Feb 11 (SocialNews.XYZ) The European Publishers Council has today filed an antitrust complaint against Google with the European Commission in a bid to break the ad tech stranglehold Google currently has over press publishers, and all other businesses in the ad tech ecosystem.
Specifically, the EPC calls on the European Commission to hold Google accountable for its anticompetitive conduct and impose remedies to restore conditions of effective competition in the ad tech value chain.
EPC Chairman Christian Van Thillo said: "It is high time for the European Commission to impose measures on Google that actually change, not just challenge, its behaviour... behaviour that has caused and continues to cause considerable harm, not just to Europe's press publishers, but to all advertisers and eventually consumers in the form of higher prices (including ad tech fees), less choice, less transparency and less innovation."
"Competition authorities across the world have found that Google has restricted competition in ad tech, yet Google has been able to get away with minor commitments which do nothing to bring about any meaningful changes to its conduct. This cannot go on. The stakes are too high, particularly for the future viability of funding a free and pluralistic press. We call on the Commission to take concrete steps right now that will actually break the stranglehold that Google has over us all," EPC Chairman said.
Since its acquisition of DoubleClick in 2008, Google has embarked on a barrage of unlawful tactics to foreclose competition in ad tech. This strategy paid off, and Google has achieved end-to-end control of the ad tech value chain, boasting market shares as high as 90-100 per cent in segments of the ad tech chain, EPC said.
Google's ad tech suite is rife with conflicts of interests, as Google represents the buyer and the seller in the same transaction, while also operating the auction house in the middle, and selling its own inventory.
Far from managing its conflicts, Google has time and again taken advantage of its position to prioritize its own self-interests at the expense of the very customers it is supposed to serve.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
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