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Google Charges Higher Fees for Ads, Lawsuit Says. That’s Not Why Alphabet’s Stock Is Dropping.

·3 min read
Google Charges Higher Fees for Ads, Lawsuit Says. That’s Not Why Alphabet’s Stock Is Dropping.
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The search giant takes a cut of 22% to 42% of U.S. ad spending that goes through its systems, according to the lawsuit. Snap's sales guidance is responsible for the stock's drop.