- June 19, 2021
- Posted by: Stratford Team
- Category: Business
Evercore ISI Senior Managing Director Mark Mahaney discusses inflation, Big Tech and tech regulations in the coming years.
Alphabet unit Google could face its biggest regulatory threat, with EU antitrust regulators set to open a formal investigation into its lucrative digital advertising business before the end of the year, said people familiar with the matter.
It would mark a new front by the EU competition enforcer against Google. It has in the last decade fined the company more than 8 billion euros ($9.8 billion) for blocking rivals in online shopping, Android smartphones and online advertising.
An EU probe would focus on Google’s position vis-a-vis advertisers, publishers, intermediaries and rivals, one of the people said, indicating deeper scrutiny than the French antitrust agency’s case concluded last week.
Ticker Security Last Change Change %GOOGL ALPHABET, INC. 2,402.22 -32.65 -1.34%
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Google made…
