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2024-09-06 11:21:52
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Summary of Google faces provisional antitrust charges in UK for ‘self-preferencing’ its ad exchange

Summary of Google faces provisional antitrust charges in UK for ‘self-preferencing’ its ad exchange
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The UK's Competition and Markets Authority (CMA) has accused Google of abusing its dominance in the adtech market, citing self-preferencing and anti-competitive practices. The regulator has sent a formal statement of objections to Google, outlining provisional findings that the company has harmed thousands of UK publishers and advertisers. Google's practices could lead to corrective orders and fines of up to 10% of its annual worldwide group turnover.
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