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Google LLC is an ongoing federal antitrust case brought by the United States Department of Justice (DOJ) against Google LLC on October 20, 2020. The suit alleges that Google has violated the Sherman Antitrust Act of 1890 by illegally monopolizing the search engine and search advertising markets, most notably on Android devices.
Co-founder Sergey Brin, who owns more than 730 million Class B and C shares, will receive a $146 million payout. Co-founder Larry Page, who owns 389 million Class B shares, will get a dividend ...
The good news for Alphabet investors is that it has started 2024 on a brighter note. Revenue in the first quarter of the year increased 16% year over year to $80.5 billion. Net income also ...
United States v. Google LLC is an ongoing federal antitrust case brought by the United States Department of Justice (DOJ) against Google LLC on January 24, 2023. [1] The suit accuses Google of illegally monopolizing the advertising technology (adtech) market in violation of sections 1 and 2 of the Sherman Antitrust Act of 1890.
Alphabet is also being sued by Epic Games, which has alleged that the company maintained an illegal monopoly with its Google Play store. Epic filed a similar suit against Apple but lost in federal ...
Alphabet Inc has denied any wrongdoing and said it acted legally. On 7 June 2021, Alphabet Inc., parent company to Google, announced it had settled an antitrust suit with the French Autorité de la concurrence with a payment of $270 million. The settlement amounted to less than 0.7% of Alphabet Inc.'s yearly earnings.
Just three months ago, Alphabet's Big Tech rival, Meta Platforms, announced its own first-ever dividend, a move that lifted the social media company's stock market value by $196 billion the ...
If the price of an acquisition is unlisted, then it is undisclosed. If the Google service that is derived from the acquired company is known, then it is also listed here. Google itself was re-organized into a subsidiary of a larger holding company known as Alphabet Inc. in 2015. Timeline of Google products, services, and acquisitions