Google says it could loosen search deals in US antitrust case [Yahoo! Finance Canada]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Yahoo! Finance Canada
Apple and others to set Google as the default search engine on new devices to address a U.S. ruling that it unlawfully dominates online search. The proposal is much narrower than the government's bid to make Google sell its Chrome browser in the antitrust case over online search. Google urged U.S. District Judge Amit Mehta in Washington to move cautiously in deciding what the company must do to restore competition after his ruling that the company holds an illegal monopoly in online search and related advertising. While Google plans to appeal that ruling at the end of the case, it says the upcoming "remedies" phase should focus on its distribution agreements with browser developers, mobile device manufacturers, and wireless carriers. The judge found the agreements give Google a "major, largely unseen advantage over its rivals" and result in most devices in the U.S. coming pre-loaded with Google's search engine. The agreements are hard to exit, the judge said, especially for
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- Google says it could loosen search deals in US antitrust case [Yahoo! Finance]Yahoo! Finance
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- Sundar Pichai on A.I., Regulation and What’s Next for Google [The New York Times]The New York Times
GOOG
Earnings
- 10/29/24 - Beat
GOOG
Sec Filings
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- 12/18/24 - Form 4
- GOOG's page on the SEC website