According to @StockMKTNewz, citing Bloomberg, Google (GOOGL) considered selling parts of its ad tech business to address antitrust concerns in the U.S. and Europe (Source: Bloomberg). Bloomberg reports that an outside lawyer for Google said the U.S. Department of Justice is seeking a full technical separation and divestiture of Google's advertising exchange, AdX (Source: Bloomberg). The agency and Google are set for a two-week hearing starting next week to determine whether divestitures are required after a judge ruled Google illegally monopolized two advertising technology markets (Source: Bloomberg). The hearing establishes a defined timeline for potential structural remedies, including a possible AdX divestiture, which is directly relevant to GOOGL equity holders and ad-tech peers (Source: Bloomberg). Correlations between U.S. tech equities and crypto assets have been documented, meaning shifts in mega-cap tech sentiment can influence crypto market risk appetite, while the Bloomberg report itself does not mention crypto assets (Source: IMF; Source: Bloomberg).

According to @stocktalkweekly, the European Union fined Google €3 billion for ad tech monopoly practices, ordered the company to cease conflicts of interest immediately, and gave Alphabet 60 days to submit a remedy plan (source: @stocktalkweekly). Based on @stocktalkweekly, the 60-day deadline creates a clear event risk that could drive volatility in $GOOGL and ad-tech peers around EU communications and Alphabet’s remedy filing (source: @stocktalkweekly). Based on @stocktalkweekly, traders can monitor $GOOGL options implied volatility, ad-tech sector spreads versus the Nasdaq-100, and price action in revenue-exposed ad platforms for relative moves tied to remedy details and any enforcement updates (source: @stocktalkweekly). Based on @stocktalkweekly, crypto traders may watch for spillover risk sentiment into BTC and ETH around major $GOOGL headlines during the 60-day window as cross-asset positioning adjusts to the regulatory overhang (source: @stocktalkweekly).