Google Faces Antitrust Scrutiny Over Ad Tech Acquisitions
YouTube CEO Neal Mohan and ad tech rivals testify in DOJ case alleging anti-competitive practices.
- Neal Mohan, YouTube CEO, defended Google's acquisitions of DoubleClick and Admeld, arguing they were meant to enhance competition, not stifle it.
- The DOJ claims Google created an impenetrable ad empire by owning key parts of the adtech stack and buying out competitors.
- Ad tech executives testified that Google's dominance forced them to adopt practices like header bidding to stay competitive.
- PubMatic's CEO highlighted the challenges of competing with Google's scale and the impact of Google's unified pricing rules on revenue.
- Testimonies from various ad tech leaders underscored the difficulties of switching away from Google's platforms due to high costs and integration complexities.