4.9 • 9 Ratings
🗓️ 23 June 2023
⏱️ 18 minutes
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0:00.0 | At this stage of the investigation, we believe that Google's conduct may amount to an abuse of a dominant position. |
0:18.0 | If proven, these conducts would be illegal under our rules. |
0:23.3 | We should look ahead. If we come to the conclusion that these practices are illegal, |
0:29.3 | we'll need to ensure that they are brought effectively to an end. |
0:33.1 | And that was the voice of the European Union's Commissioner for Competition, Marguerta Vesteyer, |
0:37.4 | with an announcement that may prove to be a game changer in the bloc's regulatory clash with |
0:42.9 | big tech. I'm James Panicki coming to you from the Lexus Nexus officers in Melbourne, Australia. |
0:48.5 | Welcome to M-Lexis weekly podcast covering the biggest regulatory stories of the moment, |
0:53.6 | and they don't get much bigger than this one. |
0:56.0 | It's not just that the European Commission suspects that Google's ad business is anti-competitive, |
1:01.9 | what's groundbreaking is the solution that the Commission is pointing to. |
1:06.0 | Here's what Vestaya had to say about that last week. |
1:08.7 | A remedy requiring Google to just change its behavior would allow Google to do what it has |
1:16.0 | been doing so far just under a different disguise. |
1:20.3 | Should the Commission conclude that Google acted in an illegal manner, it might require |
1:25.9 | Google to divest part of its services. For instance, |
1:30.3 | Google could divest its cell site tool, DFP and ADEX. By doing so, we would put an end to the |
1:38.5 | conflict of interest. That's right. The Commission is considering some old-school trust-busting |
1:43.9 | involving a forced |
1:45.3 | breakup of Google's ad business. As we'll hear on today's podcast, this is radical stuff |
1:50.7 | in an EU context. However, the Commission can rely on some transatlantic political coverage |
1:56.8 | as well. It's a fascinating, evolving story that's been covered meticulously by our Brussels-based |
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