|Bid||0.00 x 27000|
|Ask||0.00 x 36200|
|Day's Range||6.93 - 6.98|
|52 Week Range||4.28 - 7.26|
|Beta (5Y Monthly)||0.78|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 04, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The Justice Department’s lawsuit says that Google effectively controls or owns about 80% of the search queries in the U.S., and that competitors have no real chance to challenge the company.
Just when it seemed that Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google was getting close to securing regulatory approval in the European Union for its proposed acquisition of wearables maker Fitbit (NYSE: FIT), a new hurdle might be about to present itself. Japan is now reportedly looking to intensify antitrust scrutiny of major tech companies, including Google, Apple, Facebook, and Amazon.
Japan's Fair Trade Commission is set to look into potential market abuses by Big Tech — perhaps starting with the $2.1B Google-Fitbit deal.