Connect with us

Hi, what are you looking for?

RiseInTheFuture.comRiseInTheFuture.com

Tech News

Google quietly raised ad prices to boost search revenue, says executive

Photo illustration of Google logo in front of the U.S. Court House
Illustration by Cath Virginia / The Verge

As the second week of the US v. Google antitrust trial gets underway, the Department of Justice is focusing on the real moneymaker behind Google Search: ads. It alleges that Google’s dominance lets it raise prices for advertisers with few repercussions — a claim backed up by Google ads executive Jerry Dischler on the stand.

Bloomberg’s Leah Nylen has the details of Dischler’s testimony, where he describes statements he made under oath in 2020. Dischler says Google tweaks its auction process in ways that may have raised prices in the past by 5 percent for the typical advertiser and could potentially have raised them by 10 percent for some queries. The parties buying the ads would have been unaware of these “tunings” of prices; “we tend…

Continue reading…

You May Also Like

Editor's Pick

Jeffrey A. Singer On the same day that the Food and Drug Administration allowed women over‐​the‐​counter access to one progestin‐​only birth control pill, Rep....

Editor's Pick

Jack Solowey and Jennifer J. Schulp Last Wednesday, July 12, an updated version of the Lummis‐​Gillibrand Responsible Financial Innovation Act (RFIA) became public. The...

Editor's Pick

Jeffrey A. Singer The Food and Drug Administration announced this morning that it has granted marketing approval for the over‐​the‐​counter sale of one type...

Editor's Pick

Walter Olson A widely noted new draft paper by two political scientists, Justin Grimmer of Stanford and Eitan Hersh of Tufts, surveys existing research...