Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

YouTube critics ask US to probe video site's 'living room dominance'

Published 2024-06-12, 10:25 a/m
© Reuters. FILE PHOTO: A silhouette of a mobile user is seen next to a screen projection of Youtube logo in this picture illustration taken March 28, 2018.  REUTERS/Dado Ruvic/Illustration/File Photo
GOOGL
-
AMZN
-
NFLX
-
META
-
GOOG
-

By Jody Godoy

(Reuters) - Tech and competition watchdog groups have called on the U.S. Department of Justice to probe YouTube, saying the video-streaming platform could enable Google and its parent company, Alphabet (NASDAQ:GOOGL), to dominate home entertainment.

In a letter to Justice Department antitrust chief Jonathan Kanter dated Tuesday, the American Economic Liberties Project, Demand Progress and nine other groups expressed concern about YouTube's growth as a competitor to cable and streaming services and its pre-installation on smartphones and TVs sold in the U.S.

The groups called on the regulator to investigate YouTube, which is among the top streaming services in the U.S. Google already dominates the internet search market and is a leader in online advertising technology.

"YouTube has a decade-long record of using its dominance across numerous markets to crowd out competitors, lock in customers, and force the purchase of bundled services," the groups wrote.

The growth of YouTube TV, the company's subscription streaming service, increases Google's "prospects for living room dominance," the groups said.

"Anyone looking for something to watch can see this space is very competitive," said a YouTube spokesperson, adding that the company goes head to head with both streaming services such as Netflix (NASDAQ:NFLX) and Disney+ and other video platforms like Meta's Instagram and TikTok.

In April, Alphabet reported YouTube quarterly ad revenue of more than $8 billion, up 21% from the same period last year.

Google executive Philipp Schindler said at the time that the platform had been the most-watched U.S. streaming service for more than a year, citing data from audience analytics firm Nielsen.

Google is already fighting two antitrust lawsuits brought by the Justice Department and several states. One claims the company monopolizes the online search market and another that it dominates the market for digital advertising technology.

Google has fought both cases, saying its successes came by lawful means. 

YouTube, according to the advocacy groups, is "the third leg of the stool that supports Google's monopoly."

Lee Hepner, a lawyer at the American Economic Liberties Project, compared the groups' concerns about YouTube to the conduct challenged in the search case, where antitrust enforcers have alleged that multibillion-dollar revenue sharing agreements with smartphone makers have allowed Google to maintain online search dominance.

"What is Google TV if not principally a distribution system for Google's own streaming service?" Hepner said.

© Reuters. FILE PHOTO: A silhouette of a mobile user is seen next to a screen projection of Youtube logo in this picture illustration taken March 28, 2018.  REUTERS/Dado Ruvic/Illustration/File Photo

Antitrust concerns over Big Tech have spanned administrations, with a case against Google and one against Facebook (NASDAQ:META) parent Meta Platforms filed under President Donald Trump's administration.

President Joe Biden's antitrust enforcers have followed with a second case against Google and cases against Amazon.com (NASDAQ:AMZN) and Apple (NASDAQ:AAPL).  

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.