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Alphabet (Google) Stock Investors Just Got More Bad News From a Federal Judge
In 2020, the Justice Department sued Google, a subsidiary of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), accusing the company of operating an illegal monopoly in online search. In 2023, the Justice Department filed another lawsuit, accusing the company of operating an illegal monopoly in adtech software.Federal judges have since ruled against Alphabet in both antitrust cases. The judges will next identify and impose remedial measures to curb its monopoly power.Here's what investors should know.Continue reading
In 2020, the Justice Department sued Google, a subsidiary of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), accusing the company of operating an illegal monopoly in online search. In 2023, the Justice Department filed another lawsuit, accusing the company of operating an illegal monopoly in adtech software.
Federal judges have since ruled against Alphabet in both antitrust cases. The judges will next identify and impose remedial measures to curb its monopoly power.
Here's what investors should know.
