Google lost its bid to escape a $2.7 billion fine imposed by European Union regulators for illegally stifling rival online shopping services on Tuesday — the latest in a slew of legal setbacks for the tech giant.The European Commission initially imposed the fine in 2017 after determining that Google had violated the law by giving its own “comparison shopping service” priority placement in its search engine results while demoting links to smaller rivals in the region.The EU’s Court of Justice in Luxembourg d ...

KEY TAKEAWAYSThe EU's Court of Justice ruled against Alphabet's Google, which had appealed a 2.4-billion-euro ($2.7 billion) fine for abusing its dominant position by favoring its own shopping services over those of its competitors.Europe's top court upheld a 2017 European Commission decision.Google said it was "disappointed" with the ruling and had made changes in 2017 to comply with the Commission's ruling. The Court of Justice of the European Union (EU) on Tuesday ruled against Alphabet's (GOOGL) Google, ...

Europe's top court has upheld a €2.4 billion antitrust fine against Google.The 2017 decision found Google used its search-engine dominance to favor its own services.It's the latest in a series of clashes between Alphabet and international regulators. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed whi ...

文章核心观点 - 欧盟法院维持了对谷歌滥用市场主导地位的25亿欧元罚款[1] - 欧盟委员会认为谷歌通过优先推广自己的购物比较服务而损害了竞争对手[1] - 谷歌先后向欧盟二审法院和欧盟最高法院提起上诉,但最终上诉被驳回[1] 公司相关 - 谷歌因滥用市场主导地位被欧盟处以25亿欧元罚款[1] - 谷歌先后向欧盟二审法院和欧盟最高法院提起上诉,但最终上诉被驳回[1] 行业相关 - 欧盟委员会认为谷歌通过优先推广自己的购物比较服务而损害了竞争对手[1]

Douglas Rissing/iStock via Getty Images I last covered Alphabet Inc. aka Google (NASDAQ:GOOGL, NASDAQ:GOOG) in August; I put out a Buy rating on a favorable valuation, outlining its significant strengths in offering low volatility compared to other big tech investments like Amazon (AMZN) and Tesla (TSLA). Since my article, the stock has fallen nearly 9.5% in price. On a pure valuation front, this creates a further buying opportunity, in my opinion. However, now there is a significant operational develop ...

Justice Department attorneys took aim at Google’s alleged monopoly over the digital advertising market on Monday in an antitrust case that poses a major threat to the Big Tech giant’s business model.Opening arguments in the closely watched trial kicked off in a Virginia courtroom and drew a massive crowd of onlookers. US District Judge Leonie Brinkema will decide the outcome of the non-jury trial, which is expected to last about four weeks. 5 Karen Dunn (left) has faced scrutiny over her ties to Kamala Ha ...

The Department of Justice's latest antitrust case against Google opened Monday.The DOJ accuses the tech giant of building an illegal monopoly of the digital advertising market.In a blog post ahead of the trial, Google said the DOJ's "narrow view" of the market is not based on reality. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorit ...

文章核心观点 - 美国司法部指控谷歌操纵在线广告市场,并试图分拆谷歌的广告业务 [1][2] - 谷歌否认指控,称其收购广告技术公司的交易都得到了监管部门的批准 [2] - 谷歌还称司法部的诉讼会损害数字广告市场,导致广告费用上升 [2] 行业概况 - 谷歌预计今年将获得774.9亿美元的数字广告收入,占整个市场份额的25.6% [4] - 其他主要竞争对手包括Meta(21.3%)和亚马逊(13.9%) [4] 公司情况 - 司法部指控谷歌通过收购DoubleClick等公司,操纵了显示广告的市场价格 [2] - 约90%的在线发布商都使用谷歌的广告服务,但谷歌称竞争对手也有类似的市场控制力 [2] - 司法部要求谷歌剥离其广告管理套件,这个业务在2020年创造了3.68亿美元的营业利润 [3] - 有多家公司的高管被传唤作证,包括纽约时报、新闻集团、迪士尼等 [5] - 法官指出谷歌可能删除了与案件相关的内部聊天记录,这将影响证人的可信度 [6] 监管动态 - 这是近年来针对谷歌的众多反垄断诉讼之一,包括针对其搜索引擎垄断的诉讼 [7] - 拜登政府加大了对科技巨头的反垄断执法力度,也针对苹果、亚马逊和Facebook提起诉讼 [8]

Kenneth Cheung Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) has struggled to enjoy the same AI boost seen at tech peers, in spite of posting resilient fundamental results. I suspect that Wall Street remains hesitant in light of emerging competition in search from the likes of both Microsoft (MSFT) and OpenAI. Wall Street’s fears may be causing it to overlook the strong earnings power of the core businesses, as well as the upside potential from the fast-growing cloud unit. It may surprise some readers to learn ...

A second antitrust trial pitting Google against the US Department of Justice begins on 9 September, with a federal judge in Virginia to hear arguments over whether the tech giant illegally monopolized the digital advertising industry. The case could have far-reaching implications for Google’s primary source of revenue as well as the tech industry and online publishers.The long-awaited trial is the second major US antitrust suit against Google, after the company lost a landmark case last month that determine ...