Alphabet Inc - Ordinary Shares - Class A

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Regulatory, Earnings Announcements

Australia's ACCC Says Google's Dominance In Ad Tech Supply Chain Harms Businesses & Consumers

Published: 09/28/2021 00:24 GMT
Alphabet Inc - Ordinary Shares - Class A (GOOGL) - Google's Dominance in Ad Tech Supply Chain Harms Businesses and Consumers.
Report Finds That Google Has a Dominant Position in Key Parts of the Ad Tech Supply Chain.
Concludes Enforcement Action Under Australia's Existing Competition Laws Alone is Not Sufficient to Address Competition Issues in the Sector.
Report Estimates More Than 90% of Ad Impressions Traded Via the Ad Tech Supply Chain Passed Through at Least One Google Service in 2020.
Report Finds That Google Has Used Its Position to Preference Its Own Services and Shield Them From Competition.
Concludes Accc Should Be Given Powers to Develop Specific Rules in Response.
Report to Look at If Proposed Rules for Ad Tech Need to Form Part of Broader Regulatory Scheme to Address Common Competition, Consumer Concerns.
Recommends an Industry Standard to Enable Full and Independent Verification of Services Advertisers Use in Supply Chain.
Revenue is expected to be $63.42 Billion
Adjusted EPS is expected to be $23.69

Next Quarter Revenue Guidance is expected to be $70.93 Billion
Next Quarter EPS Guidance is expected to be $25.70

More details on our Analysts Page.