In
December, Texas Attorney General Ken Paxton filed a complaint
about Google's advertising technology business, in one of
several suits alleging that Google abused its dominance of the
internet search business or otherwise broke antitrust law.
In Sunday's blog post, Google's Economic Policy Director Adam
Cohen said the company wanted to set the record straight and
dispel myths about its open bidding process for advertising.
"AG Paxton tries to paint Google’s involvement in this industry
as nefarious," Cohen wrote. "The opposite is true. Unlike some
B2B companies in this space, a consumer internet company like
Google has an incentive to maintain a positive user experience
and a sustainable internet that works for all—consumers,
advertisers and publishers."
The post argues that Google's rates are fair, the marketplace is
open and does not favor a single partner, such as Facebook.
(Reporting By Jessica Resnick-Ault, Editing by Nick Zieminski)
[© 2021 Thomson Reuters. All rights
reserved.] Copyright 2021 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|