Google's Adtech Business To Undergo Stringent EU Antitrust Probe

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Google's Adtech Business To Undergo Stringent EU Antitrust Probe

Benzinga2021-06-20

The E.U. antitrust regulators are set to open an investigation into Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Google's digital advertising practices, Reuters reported. The regulators ...

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Haryadi
·2021-06-20
Will it be like microsoft in the late 1990s?
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About 16% of the revenue came from its display or network business.\nAdvertisers and rivals have claimed that dependence on Google gives the company an unfair advantage, which allows the company to extract high fees from all sides and block rivals.\nPrice Action: GOOG shares closed 0.64% lower at $2,511.35 on Friday.\n\nSee more from Benzinga\n\nClick here for options trades from Benzinga\nGoogle Market Cap Surpasses Amazon's For The First Time\nGM-Backed Cruise Gets Approval To Carry Passengers In Driverless Cars\n\n© 2021 Benzinga.com. Benzinga does not provide investment advice. 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