Reported 29 days ago
Alphabet, Google's parent company, has encountered significant legal hurdles, including losing a major EU antitrust case that upheld a €2.4 billion penalty for unfair competition. Concurrently, a U.S. antitrust trial is underway, raising concerns over Google's dominance in online advertising. Despite these challenges, analysts are adjusting stock price targets, with some suggesting that time is in Google's favor as it navigates lengthy legal processes and appeals.
Source: YAHOO