[HN Gopher] Google's advertising tech targeted in European publi...
       ___________________________________________________________________
        
       Google's advertising tech targeted in European publishers'
       complaint
        
       Author : pseudolus
       Score  : 48 points
       Date   : 2022-02-11 10:00 UTC (13 hours ago)
        
 (HTM) web link (www.reuters.com)
 (TXT) w3m dump (www.reuters.com)
        
       | jdrc wrote:
       | I think it s more important to investigate the collusion between
       | advertisers and google. You rarely read about advertisers and why
       | they give all their inventory to google, which is the reason why
       | there is no competition in the space.
       | 
       | Fines were never to going to work, they are not just "cost of
       | doing business", they are the cost of buying a monopoly
        
       | otherotherchris wrote:
       | After selling costs, regulatory costs, and handing over the bulk
       | of revenue to publishers, Google's yield on this third party ad
       | inventory must be below 10%. Globally it's less than 15% of
       | Google's total ad revenue overall.
       | 
       | What's the point of being in this business? You're making a lot
       | of powerful people angry for almost zero profit.
        
         | jefftk wrote:
         | _> What 's the point of being in this business?_
         | 
         | Search depends on having sites to link people to, and those
         | sites primarily use ads for monetization. If Google shut down
         | their display advertising business, web publishers overall
         | would make far less money in the short term, and it's not clear
         | how long recovery would take.
         | 
         | Disclosure: I work at Google on display ads, speaking only for
         | myself -- I don't know what the company's strategy is here.
        
           | dmitriid wrote:
           | > Google shut down their display advertising business, web
           | publishers overall would make far less money in the short
           | term, and it's not clear how long recovery would take.
           | 
           | I would ask for an independent study to confirm this. On the
           | surface at least this sounds unlikely (to put it mildly).
        
             | jefftk wrote:
             | If you remove a large component of publisher revenue, the
             | total will go down in the short term. That doesn't seem
             | like a very strong claim?
        
               | dmitriid wrote:
               | > If you remove a large component of publisher revenue
               | 
               | 1. If you remove Google Ads it doesn't mean other ad
               | systems disappear
               | 
               | 2. Google has been caught red handed _preventing_ other
               | ad platforms from competing.
               | https://www.axios.com/google-facebook-conspired-
               | manipulate-a...
               | 
               | 3. Google was caught overcharging advertisers and
               | pocketing the difference
               | https://www.marketwatch.com/story/alphabet-and-facebook-
               | ceos...
               | 
               | It's quite possible that if Google Ads go away, it will
               | be a _net positive_ for the system.
        
               | jefftk wrote:
               | _> 1. If you remove Google Ads it doesn 't mean other ad
               | systems disappear_
               | 
               | Sure. But in general you should expect that if you remove
               | one system you are going to see short term loss at a
               | minimum. For example, some advertisers will not be set up
               | on other platforms and other platforms will realize they
               | can raise fees now that they have less competition.
               | Eventually you likely end up with a system very similar
               | to the status quo, as new and existing competitors fully
               | build out replacements for what Google runs today, but it
               | takes a while.
               | 
               |  _> 2. Google has been caught red handed preventing other
               | ad platforms from competing. ... 3. Google was caught
               | overcharging advertisers and pocketing the difference_
               | 
               | It looks to me like both of these are citing the same
               | lawsuit, which is still in progress. I'm not supposed to
               | comment on the details of ongoing litigation, but when we
               | see this lawsuit fully run its course I think both of
               | those articles will be seen to have overstated their
               | claims.
        
               | dmitriid wrote:
               | > But in general you should expect that if you remove one
               | system you are going to see short term loss at a minimum
               | 
               | Yes. As any system/platform change. They are called
               | business expenses.
               | 
               | > Eventually you likely end up with a system
               | 
               | That provides advertisement, and there are dozens of
               | replacements (there were probably hundreds until Google)
        
           | reaperducer wrote:
           | I ran a few very successful web sites in the years before and
           | after the advent of Google AdSense. This struck me as a
           | strange thought:
           | 
           |  _If Google shut down their display advertising business, web
           | publishers overall would make far less money in the short
           | term,_
           | 
           | It was Google that destroyed the online display advertising
           | business with its auctions and race-to-the bottom strategy.
           | Before AdSense, we would negotiate with local advertisers and
           | partner with national advertising networks. Local ads we sold
           | got us $50-$115 CPM. National networks, like TribalFusion,
           | got us $15-$40 CPM, with occasional specialty campaigns that
           | could bring in up to $100 CPM. I remember the days of
           | configuring our network accounts to reject ads that paid less
           | than $25 CPM.
           | 
           | Google turned all that into pennies. When you put AdSense on
           | your web site and see that you're only getting 5C/ CPM, you
           | know who to blame: Google. Even the hated "Punch the Monkey"
           | paid two orders of magnitude more than 95% of Google ads
           | today.
           | 
           |  _and it 's not clear how long recovery would take._
           | 
           | It took three to five years for Google to destroy online
           | advertising. Perhaps it will take the same amount of time for
           | it to recover.
        
             | jefftk wrote:
             | Major publishers still make most of their money through
             | direct deals with advertisers, even publishers that use
             | Google's ad server (Google Ad Manager, formerly DoubleClick
             | for Publishers).
             | 
             | Auctions for remaining inventory, or for publishers who are
             | too small to find it worthwhile to negotiate direct deals,
             | seems to me like something that is here to stay, regardless
             | of Google's involvement?
             | 
             | (Still speaking only for myself)
        
           | skinkestek wrote:
           | Recently I have been using Marginalia a bit.
           | 
           | Surprisingly often not only do I find usable results with
           | Marginalia but even better results.
           | 
           | A good deal of what Marginalia does different[1] seems to be
           | to strongly prefer pages with less ads and tracking.
           | 
           | Sadly for Google and happily for me and others there is an
           | amazing amount of good content that surfaces once you peel
           | away the cookie cutter, maximum ad, maximum tracking web
           | sites.
           | 
           | For now we need some of those ad filled pages but if the
           | marked changes I am fairly sure most of them will adapt or be
           | replaced.
           | 
           | [1]: besides being a real search engine instead of vector
           | search or whatever it is Google and Bing does that feeds me
           | with several non-matches in every search.
           | 
           | Edit, I got a downvote and while I don't care about the exact
           | points I guess it is because someone think I exaggerate
           | wildly, so here is a challenge, try to repeat this search in
           | your favorite mainstream engine and see what results you get:
           | https://search.marginalia.nu/search?query=windows+linux+dual.
           | ..
        
         | mathteddybear wrote:
         | Sure there might have been no profit in making gay doodles for
         | Putin. With ads, "almost" zero profit turns out to be a unicorn
         | sized I guess. If we have to stick to that shallow judgement.
         | 
         | On the other side of a spectrum is "we make world wide web a
         | better place by funneling advertiser spend towards quality
         | websites". True story.
        
         | kevingadd wrote:
         | Maybe the point isn't to make money, but to occupy space in the
         | market and boost their power in other markets as a result.
        
           | otherotherchris wrote:
           | If they want to "occupy space" they could just roll out an ad
           | blocker into Chrome. Nuke all 3rd party advertising from
           | orbit.
           | 
           | I'm sure they could find a way to make youtube ads
           | unskipable.
        
             | black_puppydog wrote:
             | Wow now there's an interesting thought experiment.
             | 
             | As much as I'd love to see a real adblocker in chrome (even
             | though I don't use it) I guess you could read that as
             | "near-monopoly producer of browser software uses their
             | market force to gain an upper-hand in a different branch of
             | their business."
             | 
             | That reads like a textbook anti-trust lawsuit :P
        
         | onion2k wrote:
         | If Google aren't selling them then someone else will, and that
         | means someone else is building marketshare and using the profit
         | to grow. That represents a threat to Google's main ad business.
         | The last thing Google want is for an advertiser or a pubisher
         | to use a separate service for part of their inventory, because
         | that means someone else has direct access to their customer.
        
       | evancoop wrote:
       | This is a fascinating defense:
       | 
       | "When publishers choose to use our advertising services, they
       | keep the majority of revenue and every year we pay out billions
       | of dollars directly to the publishing partners in our ad
       | network," a Google spokesperson said.
       | 
       | In other words, "our ads help other entities make money." Well
       | yes, they're ads! That seems, even for a spokesperson, to be a
       | rather stunning evasion. One could even amend the argument as
       | "even if we don't play fair, the folks we cheat still make
       | money."
       | 
       | The problem isn't that the ads are ineffective. The issue is that
       | Google's scale all-but-requires that one advertise with them, and
       | then in turn, they harvest prodigious quantities of data about
       | everything and everyone to target those ads... and demand
       | everyone else play by rules favorable to Google.
        
       ___________________________________________________________________
       (page generated 2022-02-11 23:02 UTC)