EU Push On Google Search Probe Puts Alphabetβs Growth Story At Risk
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European publishers and tech firms have urged the EU to wrap up its two-year antitrust probe into Google's search practices. The groups are calling for fines and enforcement under the Digital Markets Act tied to alleged self-preferencing in online search. The investigation, active since March 2024, focuses on Alphabet's core search business and its role in the European digital economy. For investors watching Alphabet, ticker NasdaqGS:GOOGL, this push from European industry groups centers on...
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European publishers and tech firms have urged the EU to wrap up its two-year antitrust probe into Google's search practices. The groups are calling for fines and enforcement under the Digital Markets Act tied to alleged self-preferencing in online search. The investigation, active since March 2024, focuses on Alphabet's core search business and its role in the European digital economy. For investors watching Alphabet, ticker NasdaqGS:GOOGL, this push from European industry groups centers on...