Google is preparing to introduce an ad-blocker to Chrome browser despite fears that it would hit their online advertising revenues -- a move that has been hailed by publishers in the US and Europe, the Financial Times reported.
The move comes after Google was recently criticised for placement of ads on its video hosting platform YouTube.
In March this year, several major brands boycotted YouTube and have their ads out from the platform as they protested the placement of ads which were appearing next to offensive content, including videos posted by terrorism-affiliated groups.
According to the experts, the boycott could cost YouTube's parent company Google nearly $750 million in revenue.
Google, at that time, promised that it was taking steps to deal with the problem and the move to introduce ad-blockers in Chrome seems one of the steps the company has taken to resolve the issue.
Details of the plan have not been disclosed but Google has said it held "initial conversations" on the idea with publishers.
According to NetMarketShare -- a company that provides market share statistics for internet technologies -- Chrome is a dominant player in the internet browsing market with a near 60 per cent share.
"The blocker would be likely to target certain types of ads that have been found to frustrate readers, such as pop-ups and auto-playing videos," the Financial Times report said on Sunday.
Initially, it was expected that the company's ad-blocking plan was a blow to the publishers who are struggling to compete with Google and Facebook for online ad revenues.
But the report said publishers are encouraged by the company's move as a way to clean up online advertising.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)