Wednesday, March 05, 2025 | 10:31 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

How Google, Facebook are monopolising ideas

An ad ban raises the question whether it's fair that an entire industry can be kicked out of a major advertising channel

Facebook, Google
Premium

Greg Ip | WSJ
In early May Google banned bail-bond companies from advertising on its platforms. Such companies profit from “communities of colour and low income neighbourhoods when they are at their most vulnerable”, it explained in a blog post. They use “opaque financing offers that can keep people in debt for months or years”.
 
That Google can ban ads from an industry that offends its values is not, by itself, noteworthy. Media companies have long decided what content or ads to carry for the same reason. The difference is that even after decades of consolidation, no media company enjoys a U.S. market

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in