To The Moon

In the aftermath of a 2.1-billion-euro ($2.3 billion) lawsuit filed by 32 media groups, including $Axel Springer AG(AXELF)$ and $Schibsted ASA(SBBTF)$, $Alphabet(GOOG)$ finds itself navigating stormy seas. The lawsuit alleges losses incurred by media companies due to Google's practices in digital advertising, causing $Alphabet(GOOGL)$'s shares to dip over 2%. The media groups, spanning various European countries, assert that Google's actions have led to a less competitive market, resulting in financial losses for publishers. The lawsuit draws on precedents such as the French competition authority's 220-million-euro fi