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MarketBeat
Business
Ryan Hasson

Alphabet Stock Surges After Dodging Harsh Antitrust Remedies

Alphabet (NASDAQ: GOOGL) just caught a significant break in its long-running battle with regulators. U.S. District Judge Amit Mehta issued his highly anticipated ruling on remedies in the landmark antitrust case against Google.

While the court reaffirmed that the company held an illegal monopoly in internet search, the penalties were far less severe than feared.

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