May 31, 2022: -The U.K.’s competition regulator has opened a fresh investigation into Google, aiming at the company’s role in the advertising technology market.
It’s the next major antitrust probe to target Google’s ad practices in the U.K. The Competition and Markets Authority is launching a different investigation with the European Union into Google and Facebook parent company Meta over concerns that a 2018 pact between the two companies known as “Jedi Blue” restricted competition in digital advertising.
On Thursday, the CMA said it was assessing if Google’s role in the ad tech industry may be distorting competition. The internet giant is a massive player in the online ad market.
The CMA said that Google acts as a demand-side platform that offers publishers’ ad inventory to marketers and ad exchange, letting advertisers compete for advertising space on publishers’ websites. It is running runs ad servers that manage publishers’ inventory.
Regulators are tensed that Google may have illegally favored its ad exchange services to the detriment of rivals. The CMA is even worried that Google limited its ad exchange compatibility with third-party ad servers to make it challenging for competing for ad servers to compete.
“Weakening competition in this area could reduce publishers’ ad revenues, who may be forced to deal with the quality of their content to cut costs or put their content behind paywalls,” Andrea Coscelli, the chief executive of CMA, said.
“It may also raise costs for advertisers, which are passed on through higher prices for advertised goods and services.”
It comes after a competition probe from the U.K. and E.U. into “Jedi Blue.” The deal allegedly involved Google and Meta, which rigs auctions for online ads and illegally fix prices.
The CMA wants even more powers to investigate anti-competitive behavior from tech giants under a unique regulatory body named the Digital Markets Unit. The current regulator would have the power to put fines of up to 10% of tech companies’ global annual revenues for breaching could not digital rules. Although, the government has yet to give the watchdog powers to set these fines.
We provide the insights on leaders who are responsible for taking their organization to new heights, all the while bringing together a group of talented individuals.
September 26, 2023: On Monday, Japanese automaker Nissan revealed its dedication to transitioning to completely electric …
In an industry as competitive and fast-paced as Consumer Packaged Goods (CPG), standing out from the crowd requires innovation and adaptability. The cracks in the CPG supply chain were exposed long before the global pandemic struck, but the events of the past year only exacerbated the weaknesses.
Supply chain leaders, including VPs, often find themselves making bets with unknown financial consequences. Having started with largely infeasible plans generated by deterministic “one-number” planning systems, compounded by unexpected supply or demand disruptions, they are forced into last-minute adjustments to meet operational and financial goals.
Unsurprisingly, today’s supply chain faces numerous issues, including sustainability, technology, global economic and political instability, talent management, and supply chain resilience. Advanced forecasting algorithms and predictive analytics are used in supply chain management to help organizations of all sizes make better decisions by providing insights into what’s going on in their business at any given moment and predicting future trends.
Ensuring the right products are in the right place and at the right time is critical for companies also dealing with supply chain constraints and a high degree of variability. Uncertainty has become the name of the game and the only way to effectively optimize inventory through continuous, data-driven assessments, planning, and decision-making.
Food Huggers, a consumer brand that designs products to reduce waste at home, may be in an enviable position now but before they found Extensiv Order Manager, managing booming orders and staying on top of inventory was a huge operational challenge. The business has inventory spread across multiple geographically distributed warehouses, with orders received via multiple sales channels, including Shopify storefronts and Amazon.