What you need to know about the proposed measures designed to curb Google's search monopoly [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Yahoo! Finance
The sweeping set of recommendations filed late Wednesday by the U.S. Department of Justice could radically alter Google's business, including possibly spinning off the Chrome web browser and syndicating its search data to competitors. Even if the courts adopt the blueprint, Google isn't likely to make any significant changes until 2026 at the earliest, because of the legal system's slow-moving wheels. Here's what it all means: What is the Justice Department's goal? Federal prosecutors are cracking down on Google in a case originally filed during near the end of then-President Donald Trump's first term . Officials say the main goal of these proposals is to get Google to stop leveraging its dominant search engine to illegally squelch competition and stifle innovation. “The playing field is not level because of Google's conduct, and Google's quality reflects the ill-gotten gains of an advantage illegally acquired,” the Justice Department asserted in its recommendations. “The rem
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News
- Google could be forced to sell Chrome. Here's what you need to know [Los Angeles Times (CA)]Los Angeles Times
- Why The DOJ Is Trying To Curtail Google's AI Future [Forbes]Forbes
- Google stock hammered after DOJ calls for Chrome sale [Fortune]Fortune
- Google's search business is all about distribution. The DOJ wants to take this away, and it's freaking investors out. [Business Insider]Business Insider
- Alphabet's AI Investments Pay Off [Yahoo! Finance]Yahoo! Finance
GOOG
Earnings
- 10/29/24 - Beat
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Sec Filings
- 11/21/24 - Form 4
- 11/20/24 - Form 144
- 11/20/24 - Form 144
- GOOG's page on the SEC website