Good for Alphabet then. It will save them tons of money which they can use elsewhere instead of enriching Apple. People will still use google search anyway, what else can they use?
$Alphabet(GOOG)$ It's sad that after the panicky weak hands have given up their shares, they will have to watch the price keep climbing higher and higher.
A wolf in sheep's skin is what this is all about. Why use SATS as example, while pretending that this is a general discussion about ROE? After having bought low and off-loaded the shares too early at higher price and can't bear to see the price go higher?
Should You Be Worried About SATS Ltd.'s (SGX:S58) 2.4% Return On Equity?
$Alphabet(GOOG)$ If the government's action caused GOOG shareholders to lose money, can the government be sued to compensate for the losses? Can the government be allowed unrestrained to breakup or inflict losses to companies they don't like?
That slip by Bard does not make ChatGPT (which is full of errors) any better. The drawback provides an opportunity for buying more GOOG shares at a better price.
Alphabet Stock Keeps Sliding: Is It Game Over for Google?