UK Regulator Urges Reforms To Curb Google, Facebook Ad Power

AppleMagazineJuly 03, 2020

UK Regulator Urges Reforms To  Curb Google, Facebook Ad Power
British regulators want new rules to foster competition in digital advertising markets and rein in the industry’s dominant players, Google and Facebook.
The Competition and Markets Authority took aim at the U.S. tech giants in a report that recommends the British government adopt a new regulatory approach to governing big digital platforms making money from online ads.

The authority said it was concerned that the two companies have developed “such unassailable market positions” that rivals can’t compete on equal terms, resulting in higher prices for hotels, flights, electronics, insurance and other goods and services that are heavily advertised online.

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July 03, 2020