6 Articles
6 Articles
Banking giant sets Google stock price target
Summary⚈ DA Davidson maintains a ‘Neutral’ rating on Google, with a $160 price target.⚈ Analyst Gil Luria predicts potential Google spin-offs to address DOJ antitrust concerns.⚈ Average Wall Street target is $198.79, with Tigress Financial setting a high of $240. Investment banking giant DA Davidson has issued a revised outlook on Google stock (NASDAQ: GOOGL) On May 12, Gil Luria, the firm’s head of technology research, doubled down on a previou…
FTC supports DOJ proposal to curb Google’s search monopoly
The US Federal Trade Commission (FTC) has thrown its support behind a Department of Justice (DOJ) proposal aimed at dismantling Alphabet Inc.'s Google’s dominance in the online search market, as per the news reports. The FTC, the nation’s leading privacy regulator, endorsed the DOJ’s plan on Friday, stating it includes robust safeguards to protect user privacy while fostering competition. The DOJ’s proposal, part of a broader effort to address …
FTC Backs DOJ’s Proposed Remedies in Google Antitrust Case
WASHINGTON, D.C. – The Federal Trade Commission (FTC) has filed an amicus brief in support of the Department of Justice’s (DOJ) Revised Proposed Final Judgment (RPFJ) addressing antitrust violations committed by Google. This move underscores the FTC’s commitment to ensuring that the proposed remedies not only restore competition but also uphold rigorous privacy protections for consumers. Google’s Antitrust Violations A federal court ruling in Au…
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