3 ms·

> According to Bloomberg Law, Google attorney John Schmidtlein "visibly cringed" when Murphy revealed the confidential information, which Google had initially c

> According to Bloomberg Law, Google attorney John Schmidtlein "visibly cringed" when Murphy revealed the confidential information, which Google had initially claimed needed to be kept secret because otherwise it “would unreasonably undermine Google’s competitive standing in relation to both competitors and other counterparties.” Well yes making that data public _will_ undermine Google's competitive standing. But that standing was obtained illegally through years of obstructing price discovery despite running a giant ad exchange with auctions that are supposed to be based upon honest numbers. But by now the market has probably already priced in the impact of these revelations?

nickff 3y ago
What price discovery has Google been obstructing, that of search ads, of browser defaults, or something else? I don't really understand how either of the first two would impact Google's popularity, so could you please explain that as well?
- olliej 3y ago
  The price discovery of it in the browser, literally the thing that was accidentally leaked, that this article is about. What part of this article talking about payments to be the default search engine would imply search ads or popularity as being relevant?
  - nickff 3y ago
    The parent talked about “… through years of obstructing price discovery despite running a giant ad exchange with auctions…”, so I think it might be the price discovery of ads may be what they’re talking about, though I can’t be certain.
    - choppaface 3y ago
      Price discovery of everything Google has yet to disclose to investors. The deals suggest search is much less profitable than indicated in SEC filings. But also price discovery for competition and content. E.g. Google feeds a ton of Wikipedia content to iOS users through search results. If Wikipedia knew how large the private Apple-Google deal was, maybe they’d ask for a cut or throttle usage.

nickff 3y ago

What price discovery has Google been obstructing, that of search ads, of browser defaults, or something else? I don't really understand how either of the first two would impact Google's popularity, so could you please explain that as well?

olliej 3y ago
The price discovery of it in the browser, literally the thing that was accidentally leaked, that this article is about. What part of this article talking about payments to be the default search engine would imply search ads or popularity as being relevant?
- nickff 3y ago
  The parent talked about “… through years of obstructing price discovery despite running a giant ad exchange with auctions…”, so I think it might be the price discovery of ads may be what they’re talking about, though I can’t be certain.
  - choppaface 3y ago
    Price discovery of everything Google has yet to disclose to investors. The deals suggest search is much less profitable than indicated in SEC filings. But also price discovery for competition and content. E.g. Google feeds a ton of Wikipedia content to iOS users through search results. If Wikipedia knew how large the private Apple-Google deal was, maybe they’d ask for a cut or throttle usage.