Previous close | 50.00 |
Open | 50.00 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 120.00 |
Expiry date | 2025-03-21 |
Day's range | 50.00 - 50.00 |
Contract range | N/A |
Volume | |
Open interest | N/A |
A US judge has ordered Alphabet's Google (GOOG, GOOGL) to overhaul its app store and open it up to competitors as part of a lawsuit from Epic Games. Yahoo Finance tech editor Dan Howley explains the latest developments for the tech giant. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
The U.S. Department of Justice is expected to outline on Tuesday what kind of actions Alphabet's Google could be ordered to take to restore competition in online search, potentially including a breakup of the Big Tech company. After a federal court in August ruled Google controls an illegal monopoly in online search, smaller rivals want the court to force Google to spin off its Chrome browser, or at least prohibit it from continuing to pay billions of dollars to make its search engine the default on devices such as Apple's iPhone. The broad DOJ proposals are the next step in a landmark case that has the potential to reshape how Americans find information on the internet after a judge found Google, which processes 90% of U.S. internet searches, had built an illegal monopoly.
The U.S. Department of Justice is expected on Tuesday to tell a judge what actions Alphabet's Google should take after he ruled in August that it illegally monopolized online search in the United States, the latest step in a long legal process. Oct. 20, 2020 - The Justice Department sues Google alleging that it illegally monopolized the online search and related advertising markets, the first time in a generation that the U.S. government accused a Big Tech corporation of an illegal monopoly. Sept. 12, 2023 - Google defends its practices at a trial before U.S. District Judge Amit Mehta in Washington, saying it had won its market share by providing a high-quality service.