fromThe Motley Fool
3 days agoAlphabet Stock Hits All-Time High as Antitrust Ruling Clears the Way for More AI Growth | The Motley Fool
A federal judge had already ruled that Alphabet holds a monopoly in internet search. The tech leader was waiting for its sentence. Regulators wanted to break up the monopoly by forcing Alphabet to divest Google Chrome, the world's most popular browser. That would have meant a major hit to the tech company's most important source of revenue, advertising, since Alphabet uses the browser to maintain its dominance in search (it is the default engine on Chrome), collect data to help guide targeted ad campaigns, and more.
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