Landmark Google antitrust case ready to conclude [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Source: Yahoo! Finance
In closing arguments of a Washington, D.C., trial that began last September, regulators will apply the finishing touches to a case alleging Google has turned its search engine into an illegal monopoly that stifles competition and innovation. Regulators claim that Google competed unfairly when it made lucrative deals with Apple and other companies to automatically lock its search engine into smartphones and web browsers. Meanwhile, Google maintains that consumers use its dominant search engine because it is the best available option. “Google pays more than $10 billion per year for these privileged positions,'' argued Kenneth Dintzer , the Justice Department's lead litigator, last September. “Google's contracts ensure that rivals cannot match the search quality ad monetization, especially on phones." Prabhakar Raghavan, Google's senior vice president for knowledge and information products, said during testimony last October that the company's success is precarious and said its le
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GOOG
Earnings
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Sec Filings
- 5/16/24 - Form PX14A6G
- 5/15/24 - Form 4
- 5/15/24 - Form 144
- GOOG's page on the SEC website