#ad-tech-regulation

#ad-tech-regulation

AGC Collective Actions Limited, represented by law firm KP Law, has filed an application for proceedings with the UK's Competition Appeal Tribunal. The claim alleges Google favoured its own display advertising services while excluding competitors and potential competitors, leaving advertisers paying more for less effective adverts.

First, management's tone wasn't amiable on the call, and in follow-up interviews, as CEO Jeff Green flagged tariff-related uncertainty that could pressure large global brands, precisely the kind of advertisers that dominate TTD's mix. That spooked investors about second-half visibility. Moreover, guidance for Q3 revenue of "at least" $717 million implied growth decelerating from Q2's 19% to the mid-teens, which is hardly a collapse but enough to challenge a once-lofty multiple.