4.8 • 56 Ratings
🗓️ 4 September 2024
⏱️ 12 minutes
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0:00.0 | shares of alphabet down 3% or so in the past week 18% off its 52 week high |
0:05.6 | part of the bigger broader tech sell-off but also a flood of regulatory headlines |
0:10.0 | weighing on the stock for today's tech check dear gerbosa is looking at the big antitrust week |
0:15.0 | for the search giant as we also look toward |
0:17.2 | invidi on that front as well dear. |
0:19.1 | Yeah, you know the antitrust pressure |
0:22.1 | is only going to ramp up, not just for Google, but we'll look at |
0:25.1 | Google first. Today we're going to get a joint filing from Google and the DOJ outlining |
0:29.5 | their timeline for remedies. On Monday, a whole nother whole nother trial focused on ad tech that gets |
0:35.0 | underway Wall Street is already trying to game out the possibilities of that |
0:38.4 | first lawsuit which Google has now lost Bernstein outlines for structural remedy, which is good for investors to keep in mind. |
0:46.0 | One, the elimination of exclusionary contracts that could kill or hinder the billion dollar |
0:50.7 | exclusive agreements between Google and Apple and other |
0:53.4 | Android manufacturers, device manufacturers, potentially hurting them |
0:57.4 | as much as it could hurt Google itself. To the judge could force open Google's |
1:01.6 | walled garden by compelling the company to license their |
1:04.3 | tech to third parties. Potentially big implications here in the AI race. Competitors like |
1:09.0 | search gee B.T. perplexity they could gain access to Google's library which would make them |
1:13.8 | stronger too. The third asset divestment aka a breakup as we've discussed here |
1:19.8 | seen as unlikely and difficult technically. |
1:22.5 | The fourth could be some kind of consent degree |
1:24.8 | that would limit exclusionary deals with Apple |
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