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Alphabet Inc. (GOOGL)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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2,780.66+6.27 (+0.23%)
At close: 4:00PM EDT
2,774.44 -6.22 (-0.22%)
After hours: 05:57PM EDT
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  • L
    Larry
    S.Korea fines Google $177 mln for blocking Android customization

    SEOUL, Sept 14 (Reuters) - South Korea's antitrust regulator has fined Alphabet Inc's Google 207 billion won ($176.64 million) for blocking customized versions of its Android operating system (OS), in the U.S. technology giant's second setback in the country in less than a month.

    The Korea Fair Trade Commission (KFTC) said on Tuesday Google's contract terms with device makers amounted to an abuse of its dominant market position that restricted competition in the mobile OS market.

    "The Korea Fair Trade Commission's decision is meaningful in a way that it provides an opportunity to restore future competitive pressure in the mobile OS and app market markets," KFTC Chairperson Joh Sung-wook said in a statement.

    The antitrust regulator said this could be the ninth-biggest fine it has ever imposed.
    KFTC said Google hampered competition by making device producers abide by an "anti-fragmentation agreement (AFA)" when signing key contracts with it regarding app store licenses.
    Under the AFA, manufacturers could not equip their handsets with modified versions of Android, known as "Android forks". That has helped Google cement its market dominance in the mobile OS market, the KFTC said.

    Under the ruling, Google is banned from forcing device makers to sign AFA contracts, allowing manufacturers to adopt modified versions of Android OS on their devices.

    In one instance, Samsung Electronics Co Ltd launched a smartwatch with a customized OS in 2013 but switched to a different OS after Google regarded the move as an AFA violation, KFTC said. Samsung Electronics declined to comment.

    The fine comes on the day that an amendment to South Korea's Telecommunications Business Act - popularly dubbed the "anti-Google law" - came into effect.

    The bill was passed in late August and it bans app store operators such as Google from requiring software developers to use their payment systems. The requirement had effectively stopped developers from charging commission on in-app purchases.

    Last year, India's antitrust body ordered an investigation into allegations that Google was abusing its market position to promote its payments app as well as forcing app developers to use its in-app payment system.
  • s
    stocks.
    Today ranks among my worst loss days EVER. I currently own 17 stocks, all are down. GOOG is my largest holding, followed by AMZN. 😢😥
  • A
    Austin
    Do you guys think this stock is still a good dca for the long term starting at these prices? Thinking like 10-15 years
  • l
    loveras
    The 7 Best Day Trading Stocks - These Stocks Can MOVE! For details https://youtu.be/z-eud5iyDas
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  • t
    tanya
    Sold GOOGL and my other tech stocks middle of last week. The market can go only so high with all the stuff going on nationwide and around the world.
  • D
    Dylan P
    Serious question, but why would a Chinese asset sell-off affect Google (and, say, Facebook) at all? If anything, I could see a "rebalancing" INTO these names, after the air/money clears.
  • h
    harold
    $RWLK conversation
    180 Million shares?????.

    RWLK is acting like ISRG years ago. I think we may see 100$ in 2 years imo. This is bigger than expected imho.
    $AMZN $GOOGL $FB
    Bullish
  • B
    Bobby
    Just remember, the faster the fall, the quicker the bounce back! Great time to pick up the hard hit like $GOOG, $AMZN, $MSFT, $NVDA, $SHOP, $ADBE, $ASML, $PYPL, $LRCX, $KLAC.
  • S
    Sam
    Think forward: where will GOOG be at year's end? over 3000
  • S
    Sam
    Nice recovery. .GOOG never disappoints!
    Bullish
  • M
    Mr
    CONGRATS IN ADVANCE TO THOSE ACCUMULATING THOSE NOVEMBER 19th CALLS CHEAPER THIS MONTH, AHEAD THE OCTOBER EARNINGS RUN.

    MASSIVE GAINS NEXT MONTH. 😎
    Bullish
  • V
    Vincent
    I'm no expert in trading but have made $17,000 within $1500 investment, I had good guidance within Mr Jeff Walton and his team, it's beyond eye opening with his teaching and trading skills. I've nothing but continued success... you can contact him   via Whats》App  +1 573 973-7800 or Tele》gram@Jeffwalton1
  • r
    rudnik
    They had some interesting insights about GOOG on (http://Rightpicker.com). Definitely made me think twice about the company.
  • B
    Bobby
    Finally a real market dip worth adding to positions of $GOOG, $AMZN, $MSFT, and $NVDA.
  • K
    Kol
    Debt limit approaching. We all know the GOP is going to dig in and make the Dems look like the only party needing more money to run the country. I could see it dragging on to December.
  • S
    Sam
    Stay the course with a great company. Veteran investors know this will pass.
  • M
    Mr
    NO FEAR DURING SEPTEMBER DIPS. IT ‘S THE ANNUAL ACCUMULATE CHEAPER MONTH. 😎
    Bullish
  • s
    stocks.
    AOC wears Tax The Rich dress while attending $30,000 per ticket gala event. How much did the 'menstruating person' pay to attend that event for the Rich? Is AOC age 31, now among the Rich after winning office as a poor bartender?
  • S
    Sam
    back over 2800 at opening
  • g
    gilboa
    I heard about GOOG the other day on (http://Stocks-tracker.com). It’s looking like an interesting play.