17.2 C
Canberra
Monday, December 23, 2024

Give us powers to rein in Google: ACCC

Australia’s competition watchdog says it needs new powers to curb Google’s dominance in advertising technology that sells ads for sites such as YouTube.

The Australian Competition and Consumer Commission on Tuesday published the findings of an inquiry into advertising technology and claims publishers, advertisers and consumers are disadvantaged.

The findings include that the search giant prevents rival ad technology services holding the millisecond auctions which determine the ads served on Google’s YouTube.

ACCC chair Rod Sims said a lack of competition meant higher advertising fees.

This ultimately meant consumers would pay more for advertised goods, he said.

The ACCC said its current powers were not enough to address the imbalance.

It wants powers including ensuring rival ad technology providers can compete.

The watchdog also wants Google to tell publishers the outcomes of its ad server auctions. 

The search giant would also be asked to show how the consumer data it collects benefit its ad technology services. This data is collected from search, maps and YouTube. 

The report is focused on display advertising, which includes pop-ups and banners and videos, rather than search.

The findings of the report will inform a broader ACCC one on digital platforms, due next year.

AAP

Get all the latest Canberra news, sport, entertainment, lifestyle, competitions and more delivered straight to your inbox with the Canberra Daily Daily Newsletter. Sign up here.

More Stories

Australian soldier captured by Russians in Ukraine

Officials are scrambling to provide support for an Australian citizen reportedly being held hostage by pro-Russian forces in Ukraine.
 
 

 

Latest

canberra daily

SUBSCRIBE TO THE CANBERRA DAILY NEWSLETTER

Join our mailing lists to receieve the latest news straight into your inbox.

You have Successfully Subscribed!