Alain Groenendaal, president and CEO of Grey Latin America, announced the promotion of Diego Medvedocky to VP, regional creative director. Medvedocky will continue his creative leadership of Grey Argentina, splitting his time between the agency and Grey’s 13 offices throughout the region.
Medvedocky joined Grey Latin America in 2013 as general creative director of Grey Argentina. In 2014, under his creative leadership, the agency won several distinguished awards, such as a Grand Prix and the title of “Agency of the Year” at the Argentina Creative Circle Diente festival, one of the most prestigious local advertising awards. In addition, the agency took home four Lions in 2014 and six more at the 2015 Cannes Festival. Diego is also a valued figure in the global network for his contributions to the Grey Global Creative Council, and last year was named Chairman of the Latin America version of the Council.
Google Opens Its Defense In Antitrust Case Alleging Monopoly Over Online Ad Technology
Google opened its defense against allegations that it holds an illegal monopoly on online advertising technology Friday with witness testimony saying the industry is vastly more complex and competitive than portrayed by the federal government.
"The industry has been exceptionally fluid over the last 18 years," said Scott Sheffer, a vice president for global partnerships at Google, the company's first witness at its antitrust trial in federal court in Alexandria.
The Justice Department and a coalition of states contend that Google built and maintained an illegal monopoly over the technology that facilitates the buying and selling of online ads seen by consumers.
Google counters that the government's case improperly focuses on a narrow type of online ads — essentially the rectangular ones that appear on the top and on the right-hand side of a webpage. In its opening statement, Google's lawyers said the Supreme Court has warned judges against taking action when dealing with rapidly emerging technology like what Sheffer described because of the risk of error or unintended consequences.
Google says defining the market so narrowly ignores the competition it faces from social media companies, Amazon, streaming TV providers and others who offer advertisers the means to reach online consumers.
Justice Department lawyers called witnesses to testify for two weeks before resting their case Friday afternoon, detailing the ways that automated ad exchanges conduct auctions in a matter of milliseconds to determine which ads are placed in front of which consumers and how much they cost.
The department contends the auctions are finessed in subtle ways that benefit Google to the exclusion of would-be competitors and in ways that prevent... Read More