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Stock impact report

Yelp reactivates Google antitrust complaint in EU [MarketWatch]

Alphabet Inc. - Class C Capital Stock (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Company Research Source: MarketWatch
Yelp reactivates Google antitrust complaint in EU Yelp Inc. YELP, -4.93% said late Tuesday that it has filed paperwork with the European Union's antitrust agency to reactivate a complaint against Google, which Yelp has long claimed favors its own services in searches versus potential competitors. Yelp senior vice president of public policy Luther Lowe told MarketWatch that the company is seeking to obtain a ruling similar to the one the EU granted over comparison shopping for local searches, referring to the $2.9 billion fine leveled against the Alphabet Inc. GOOGL, -0.80% GOOG, -0.91% -owned Google last year. "The fine caught the headlines, but the most important thing that came out of it was the finding of guilt," Lowe said. Google has denied the allegations and is appealing the decision; it did not immediately respond to a request for comment. According to Lowe, 40% of all searching is local, and as a result is critical to Google's business. The center of the complaint revol Show less Read more
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