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Ex-Google Exec Said Goal Was To 'Crush' Competition, Trial Evidence Shows
Thursday September 12, 2024. 06:50 PM , from Slashdot
A Google executive told colleagues the goal for the company's then-nascent online advertising business in 2009 was to 'crush' rival advertising networks, according to evidence prosecutors presented at the tech titan's antitrust trial on Wednesday. From a report: The statements underscored the U.S. Department of Justice's claim that Google has sought to monopolize markets for publisher ad servers and advertiser ad networks, and tried to dominate the market for ad exchanges which sit in the middle. On the third day of the trial, prosecutors began to introduce evidence of how Google employees thought about the company's products at the time when the government alleges it set out to dominate the ad tech market.
'We'll be able to crush the other networks and that's our goal,' David Rosenblatt, Google's former president of display advertising, said of the company's strategy in late 2008 or early 2009, according to notes shown in court. Google denies the allegations, saying it faces fierce competition from rival digital advertising companies. Rosenblatt came to Google in 2008 when it acquired his former ad tech company, DoubleClick, and left the following year. The notes of his talk showed him discussing the advantages of owning technology on both sides and the middle of the market. 'We're both Goldman and NYSE,' he said, he said, according to the notes, referring to one of the world's biggest stock exchanges at the time and one of its biggest market makers. 'Google has created what's comparable to the NYSE or London Stock Exchange; in other words, we'll do to display what Google did to search,' Rosenblatt said. Read more of this story at Slashdot.
https://tech.slashdot.org/story/24/09/12/1629216/ex-google-exec-said-goal-was-to-crush-competition-t...
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