Technology

Advertisement Deal of Facebook and Google To Be Investigated by UK and European Union

The antitrust authorities of the United Kingdom and European Union have now launched some investigations into an online display advertising deal between Facebook and Google made in the year 2018, which has been adding to a long list of the challenges of the regulatory faced by the technology companies of the United Kingdom.

Both the companies including Facebook and Google has been defending the Jedi Blue deal, which the European Union said that, it might be thwarting the advertising technology competitors and also disadvantage to the publishers in the process of online display advertising.

The deal has been allowing the publishers like the news providers for the purpose of offering space of advertising to the multiple exchanges and the networks simultaneously, along with potentially generating more amount of revenue. The agreement of Jedi Blue has been enabling the company ‘Meta’ through the company’s Meta Audience Network for participating in the Open Bidding programme of Google, which has been a competitor to the header bidding.

Margrethe Vestager, antitrust chief of the European Union said that, a competing technology to the Open Bidding of Google might have been targeted with the aim for weakening it and also removing it from the advertising market for the purpose of displaying the advertisements on the apps and websites of the publishers.

The deal has been a pro-competitive and publicly documented agreement, which is enabling the Facebook Audience Network for participating in the Open Bidding program of Google along with several other companies.

Ram is a leading news contributor for IndustryWatch24 and specialises in writing about technology. His enthusiasm for the most recent technological advancements, such as Bitcoin and AI technology, among others, is evident in the most recent industry coverage he offers. He currently presents his analysis of popular business and technological fields, which gives his writing a present and unique perspective.

Recent Posts

Premier League Clubs Agree to Remove Gambling Sponsorships from Team Shirts

After discussions with the government, Premier League clubs have agreed to stop sponsoring their front…

1 year ago

Russia’s Novatek to Gain Shell’s Stake in Sakhalin-2

Analysts reported that Novatek, a Russian natural gas producer, acquired Shell's stake in the Sakhalin-2…

1 year ago

Volkswagen Launches New-Gen Electric Motor to Power its “ID” Family

The electric drivetrain of the next generation for Volkswagen's "ID" has been unveiled. Family EV.…

1 year ago

Egg Prices to Reach Record High in 2023 Globally

According to research, global egg prices are expected to remain at an all-time high until…

1 year ago

Audi Selects Ohme as Smart Charger Partner in UK

Ohme becomes Audi's Official UK Smart Charger Partner Ohme has been selected as Audi's new…

1 year ago

General Motors Invests EnergyX to Unlock Lithium Supply in North America

GM Ventures has signed a strategic agreement to develop EnergyX's lithium extraction and refinery technology,…

1 year ago