The intermediaries’ cut went from 15% to 51% — and the remedy is sealed
Cory Doctorow’s reading of the Brinkema remedy, which requires Google to sell no part of its ad-tech stack and which stays under seal for roughly two weeks, so nobody yet knows what it actually demands. He walks the three-part stack — sell-side platform, demand-side platform, exchange — and argues that owning all three while also acting as advertiser and publisher produces a conflict no behavioural rule can reach: the same firm represents the buyer, the seller and the house. The figure to carry: the intermediaries’ share of ad-industry revenue rose from around 15% before Google and Facebook took 80% of display advertising, to 51% today, moving hundreds of billions of dollars away from publishers and advertisers. He notes a bill to end the arrangement co-sponsored by Elizabeth Warren and Ted Cruz, and calls Google a thrice-convicted monopolist.
Why we logged it. This is the tax stated as a percentage. Fifty-one pence of every pound spent to reach a person’s attention never reaches anyone who made anything — it is taken in transit, by firms the person has never heard of, in an auction that closes before the page finishes loading. Read it against the ruling itself, logged below. Caveat: this is commentary, not reporting, and the sealed remedy may yet be more demanding than its critics expect.