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The problem is that Google operates both the buy side and the sell side of the monopoly-scale ad platform. They're the only party in the transaction who sees wh
by ocdtrekkie 1y ago
The problem is that Google operates both the buy side and the sell side of the monopoly-scale ad platform. They're the only party in the transaction who sees what both parties are willing to pay (imagine on eBay knowing what everyone's max bid was), and sets the algorithm to maximize their take from all parties.
They've already lost the case with this, and are currently trying to prevent what needs to change: Google must be forced to divest large portions of its ad business to reintroduce competition in the marketing space.
- gruez 1y ago>They're the only party in the transaction who sees what both parties are willing to pay (imagine on eBay knowing what everyone's max bid was), and sets the algorithm to maximize their take from all parties. Is there any evidence of them abusing that knowledge? Or was the lawsuit over them having a monopoly and/or anticompetitive practices?
- ocdtrekkie 1y agoI mean, the fact they abused that was illegal and anticompetive, yes. This is not a "they are big" problem, it's a "they're big and doing illegal price fixing with it". Also, note that Google was caught intentionally deleting evidence they were ordered by the court to retain.
- gruez 1y ago>I mean, the fact they abused that was illegal and anticompetive, yes. This is not a "they are big" problem, it's a "they're big and doing illegal price fixing with it". Which case is this?
- ocdtrekkie 1y agoThis is https://en.m.wikipedia.org/wiki/United_States_v._Google_LLC_(2023) https://en.m.wikipedia.org/wiki/United_States_v._Google_LLC_... in particular. (Note the separate case which determined Google is running an illegally anticompetitive operation in Search was a separate case which can be referred to as "United States v. Google LLC (2020)" and there is a third case they lost recently, Epic Games Inc. v. Google LLC, which determined Google operates an illegal monopoly with Android as well.)