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DIGITAL ADVERTISERS NEED TO THINK BEYOND GOOGLE
Mint Mumbai
|November 18, 2024
'The US Department of Justice's (DOJ) antitrust case against Google may have wrapped up, but whether the court rules for or against it, there's no denying the case highlighted a crucial issue-the company's dominant hold over the digital advertising market.
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And the advertising and ad tech ecosystem will need to make changes for a more transparent, efficient advertising market.
Google's road to dominance Google has evolved into a behemoth of interlinked products, expanding its empire with tools like AdSense, which transformed millions of websites into ad sellers. One of the most crucial moments in Google's rise to dominance came with its acquisition of DoubleClick, a platform that served and tracked ads, giving it control over a vast majority of global ad transactions. It also created a digital ad exchange on top of DoubleClick, similar to the National Stock Exchange. Furthermore, Google has consolidated power at nearly every stage of the advertising process, and this has raised concerns from regulators like the DoJ.
Google's position within the digital ad ecosystem-acting as the auctioneer, server and mediator for millions of transactions every second-jeopardized the ability of advertisers to act with precision, stifled revenue for publishers and resulted in a digital ecosystem where fairness and transparency is often an afterthought.
Harnessing the power of the open Internet
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