Should You Invest in Alphabet Ahead of the DOJ's Next Moves?
Alphabet(GOOG) The Motley Fool·2024-08-19 23:53
Google's parent company could face an antitrust reckoning soon.Alphabet (GOOG 1.37%) (GOOGL 1.38%) suffered a major setback on Aug. 5 after the U.S. Department of Justice (DOJ) ruled that Google had illegally monopolized the online search and text advertising markets. In a statement, Attorney General Merrick Garland called the antitrust victory a "historic win for the American people" which showed that "no company -- no matter how large or influential -- is above the law".That ruling clears the way for anot ...