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StockNews.com
Business
Mangeet Kaur Bouns

With Antitrust Challenges Looming, Is Alphabet Still a Buy?

Alphabet Inc. (GOOGL) has been a dominant player in the tech industry. However, it faces increased scrutiny from regulators worldwide. Google is set to face trial next week in a second antitrust case, where the U.S. Department of Justice (DOJ) will challenge the company’s methods of monetizing advertising, which prosecutors claim harms news publishers.

This case is part of the Biden administration’s broader push to curb the power of Big Tech through antitrust laws. It follows a significant victory for the Justice Department in a separate lawsuit on August 5, when a judge ruled that Google illegally monopolized online search.

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