GOOG Nov 2024 115.000 put
| Previous close | 0.1400 |
| Open | 0.1400 |
| Bid | 0.1200 |
| Ask | 0.1500 |
| Strike | 115.00 |
| Expiry date | 2024-11-15 |
| Day's range | 0.1400 - 0.1400 |
| Contract range | N/A |
| Volume | |
| Open interest | 169 |
- Yahoo Finance Video
DOJ's Google break-up remedy is 'unusual': Fmr. FTC commissioner
The US Department of Justice (DOJ) has proposed several "behavioral and structural remedies" that could break up segments of Google's (GOOG, GOOGL) search business, which was ruled to be monopolistic by a federal judge in August. To shed light on the implications this could have for Google, former Federal Trade Commission (FTC) Commissioner Mozelle Thompson joins Catalysts. Thompson explains that the trial has progressed to its "second phase," following the court's determination that Google holds a monopoly. The question remains what kind of remedy will effectively address the harms identified by the court in the initial phase. Thompson cautions that resolving this case and implementing appropriate solutions could be a long process, potentially spanning years. "Break-ups are hard to do," Thompson says, highlighting how "unusual" the DOJ's proposed remedy is. He notes that such measures are uncommon, with many questioning its efficacy in curbing the market dominance of tech giants. Nevertheless, Thompson advises investors to consider the evolving competitive landscape, particularly as artificial intelligence (AI) advances. "People have alternatives to Google searches," he states as AI technologies grow in popularity and are potentially reshaping the search engine market. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith
Yahoo FinanceDOJ’s Google breakup remedy puts tech world on notice
The US Justice Department said in a new court filing that it may recommend a break up of Google, showing just how far Washington is willing to go to rein in Big Tech.
Barrons.comAlphabet Might Get Broken Up. It Could Be Good for the Stock.
The Justice Department has suggested a breakup of Google, the core of the company’s business, as one potential way to address antritrust concerns.
