Depends on the filter list. EasyPrivacy is designed to block trackers, and if you look at the list

https://easylist-downloads.adblockplus.org/easyprivacy.txt

you'll see that Demandbase is there.

Well it does seem to block some retargeting pixels -- and this seems like a worse form of retargeting.

AdBlock blocks requests by URL matching and hides DOM nodes based on a handful of selectors. Whether this blocking and hiding is targeted towards ads or not is incidental.