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Heat
The actions of Google’s parent company, alphabet, rose sharply in SMENSRET Square early on Wednesday, after the federal judge ruled That the company should not fall apart or be forced to sell its popular chrome web browser to eliminate the search engine monopoly.
Google said that the court decision has recognized how much the industry has changed through the appearance of ai. “
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Key facts
In Square for Trading Wednesday, Wednesday, the alphabet of shares rose to $ 223.50, almost 5.4% of Tuesday.
A positive market response comes after Google avoided the most steaked potential penalties in the federal case antitrust just ordered To share your search information and users with “qualified competitors”.
Apple actions also rose 3.9% to $ 238.6 after the Federal Judge Amit P. Mehta Judgment allowed to pay iPhone about $ 20 billion to remain the default browser on Apple devices.
Mehta, however, forbade Google to enter exclusive contracts “which refers to Google search distribution, Chrome, Google Assistant and Gemini applications.”
What did Google say?
In a statement Shortly after the verdict, Google said that the decision “acknowledges how many industry changed through the occurrence of ai, which gives it so many ways to find information about how this case has submitted during 2020. Years: competition can easily choose services.” The company, however, has expressed concerns about the judge’s decision “and” Share search details “and”, saying, “We have concerns that these requirements will affect our customers and their privacy carefully re-examine their privacy.”
Main critic
Epic All Team Sweeney, who was involved in fighting antitricity with Google, criticized the verdict in X, saying: “As if the accused was robbed by the Court’s judgment guilty, and then condemned them to a conditional basis under which bank robberies, but must share data on how banks with competing bank robbers.”
