Microsoft head to slam Google in House hearing - report

Friday, 12. March 2021 01:40

Microsoft Corp. President Brad Smith will accuse Google Inc. on Friday of monopolizing the online news business, Axios reported. Smith will appear in front of the United States House Judiciary antitrust subcommittee as Congress looks for ways to rein in the power of big tech.

"News organizations have ad inventory to sell, but they can no longer sell directly to those who want to place ads. Instead, for all practical purposes, they must use Google’s tools, operate on Google’s ad exchanges, contribute data to Google’s operations, and pay Google money," Smith is expected to say in his opening remarks. "All this impacts the ability of news organizations to benefit economically even from advertising on their own sites."

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Breaking the News / DJ