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Chronicles

The story behind the story

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Sources detail US antitrust investigations into Google, which are focusing on how the company bundles its ad tools in potentially anticompetitive ways

Bloomberg : Tweets: @alistairmbarr , @jason_kint , @gerritd , @thekenyeung , and @mhbergen See also Mediagazer Tweets: Alistair Barr / @alistairmbarr : U.S. officials building an antitrust case against Google are probing how the company ties its adtech, display ad and search products together https://www.bloomberg.com/... via @technology @GerritD @mhbergen Jason Kint / @jason_kint : Yup. “For some critics, the larger concern is how Google passes information between its different arms in ways that is prohibited in other industries.” The intersection of data and competition policy. It's the battlefield I'll die on and why...1/2 https://www.bloomberg.com/... Gerrit De Vynck / @gerritd : NEW: Federal investigators are asking detailed questions about whether Google uses its dominance in search and data to boost its adtech business. With @mhbergen https://www.bloomberg.com/... Ken Yeung / @thekenyeung : Regulators “building an antitrust case against Google are investigating whether the company engages in tying, the practice of bundling different products together in a way that can block out competitors and give the seller an unfair advantage.” https://www.bloomberg.com/... Mark Bergen / @mhbergen : “Google is where you have to be. There is no good alternative.” The DOJ has asked many questions this summer about Google's byzantine ad-tech operations. @GerritD and I unpacked it all in plainspeak. https://www.bloomberg.com/... See also Mediagazer

Bloomberg

Context & Ripple Effects

This report is the opening move in what became a multi-year legal campaign against Google's ad business: Bloomberg's sources describe US officials probing how the company ties its adtech, display and search products together, with critics flagging that Google passes information between arms in ways prohibited in other industries. Weeks later, reporting showed that Google's own pro-privacy plan to block ad trackers had boosted the antitrust probe, as publishers argued it would tilt the field further in Google's favor.

The bundling theory laid out here is the through-line for everything that followed: state attorneys general later alleged Google misled publishers and advertisers about ad pricing by deflating sales for some while raising prices for buyers (the state AGs' pricing suit), and the DOJ ultimately sued alongside California and seven states to break up the ad tech business entirely (the DOJ's breakup complaint).

First-order effects

  • Publishers and advertisers are the immediate beneficiaries of scrutiny: the probe targets exactly the cross-arm information flows they say let Google favor itself at every layer of the ad transaction.
  • Google faces a formal investigation built on tying — bundling adtech, display and search products — rather than on consumer-facing search conduct alone.

Second-order effects

  • State attorneys general pile on with their own suit alleging years of misleading publishers and advertisers about ad pricing, converting the federal bundling probe into a multi-front legal exposure.
  • Google is forced into a public defense of choice-based arguments — that people use its products because they choose to — setting up the framing it will carry through the eventual DOJ case.

Third-order effects

  • If the pattern holds, the endgame is structural separation: the DOJ's eventual call for a breakup of the ad tech business shows regulators treating Google's integrated ad stack, not just individual practices, as the monopoly problem.
  • Data sharing between a company's own arms becomes a standing test in US competition policy — the 'prohibited in other industries' standard critics invoked here — reshaping how vertically integrated platforms can operate their ad businesses.

The trend: US antitrust enforcement is converging on Google's integrated ad stack, escalating from a bundling probe into state pricing suits and a federal push to break the ad tech business apart.

Discussion

  • @alistairmbarr Alistair Barr on x
    U.S. officials building an antitrust case against Google are probing how the company ties its adtech, display ad and search products together https://www.bloomberg.com/... via @technology @GerritD @mhbergen
  • @jason_kint Jason Kint on x
    Yup. “For some critics, the larger concern is how Google passes information between its different arms in ways that is prohibited in other industries.” The intersection of data and competition policy. It's the battlefield I'll die on and why...1/2 https://www.bloomberg.com/...
  • @gerritd Gerrit De Vynck on x
    NEW: Federal investigators are asking detailed questions about whether Google uses its dominance in search and data to boost its adtech business. With @mhbergen https://www.bloomberg.com/...
  • @thekenyeung Ken Yeung on x
    Regulators “building an antitrust case against Google are investigating whether the company engages in tying, the practice of bundling different products together in a way that can block out competitors and give the seller an unfair advantage.” https://www.bloomberg.com/...
  • @mhbergen Mark Bergen on x
    “Google is where you have to be. There is no good alternative.” The DOJ has asked many questions this summer about Google's byzantine ad-tech operations. @GerritD and I unpacked it all in plainspeak. https://www.bloomberg.com/...