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Stockreport

Google faces historic antitrust trial as DOJ challenges AI search practices [USA TODAY]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: USA TODAY
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
products to extend its dominance in online search, a U.S. Department of Justice attorney said as trial in the historic antitrust case began on Monday. The outcome of the trial could fundamentally reshape the internet by unseating Google as the go-to portal for information online. The DOJ has compared the lawsuit to its past efforts to break up AT&T, Microsoft and Standard Oil. "The time to tell Google and all other monopolists who are out there listening, and they are listening, that there are consequences when you break the antitrust laws," DOJ attorney David Dahlquist said during his opening statement. The DOJ and a broad coalition of state attorneys general seek to force Google to sell off its Chrome browser and take other measures to restore competition even as search evolves to overlap with generative AI products such as ChatGPT. "This court's remedy should be forward-looking and not ignore what is on the horizon," Dahlquist said. Witnesses from Perplexity AI and OpenAI [Read more]
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Stockreport

Google faces historic antitrust trial as DOJ challenges AI search practices [USA TODAY]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: USA TODAY
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
products to extend its dominance in online search, a U.S. Department of Justice attorney said as trial in the historic antitrust case began on Monday. The outcome of the trial could fundamentally reshape the internet by unseating Google as the go-to portal for information online. The DOJ has compared the lawsuit to its past efforts to break up AT&T, Microsoft and Standard Oil. "The time to tell Google and all other monopolists who are out there listening, and they are listening, that there are consequences when you break the antitrust laws," DOJ attorney David Dahlquist said during his opening statement. The DOJ and a broad coalition of state attorneys general seek to force Google to sell off its Chrome browser and take other measures to restore competition even as search evolves to overlap with generative AI products such as ChatGPT. "This court's remedy should be forward-looking and not ignore what is on the horizon," Dahlquist said. Witnesses from Perplexity AI and OpenAI [Read more]
IMPACT SNAPSHOT
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GOOG
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Stock performance from the time of news release until the following 4pm ET market close
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