List of Flash News about remedies hearing
Time | Details |
---|---|
2025-09-15 16:42 |
Google GOOGL Antitrust Showdown: DOJ Seeks Full AdX Separation; Two-Week Remedies Hearing Starts Next Week
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). |