The future of Google — and Big Tech — hangs in the balance at trial [Business Insider]
Alphabet Inc. - Class C Capital Stock (GOOG)
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Source: Business Insider
Google could be completely cleared — or be forced to break up. Google is about to learn its fate. Google's landmark antitrust trial is wrapping up this week in DC with closing arguments, capping off a yearslong saga. And its not just Alphabet that needs to pay attention. The findings in the case will have massive regulatory implications for not just the world's biggest search engine, but also fellow tech behemoths like Amazon, Apple, and Meta. The 10-week trial, presided over by US District Judge Amit Mehta, featured testimony from the likes of Microsoft chief Satya Nadella and Google CEO Sundar Pichai — the defense's star witness The Department of Justice first filed suit in 2020 , alleging that Google's deals making it the default search engine provider for device makers like Apple blocked off healthy competition. Google says its deals aren't exclusive, and that users can always switch their default browsers — though one government expert testified in September it wasn'
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GOOG
Earnings
- 4/25/24 - Beat
GOOG
Sec Filings
- 5/16/24 - Form PX14A6G
- 5/15/24 - Form 4
- 5/15/24 - Form 144
- GOOG's page on the SEC website