October 20, 2020

To gain an edge, this is what you need to know today.

Google Antitrust Case

The U. S. Justice Department is filing an antitrust lawsuit against Google (GOOG). Let’s explore the key points with the help of a chart.

Please click here for a chart of Google stock.

Note the following:

• The chart compares Google stock with S&P 500 ETF (SPY), Facebook (FB) stock, Amazon (AMZN) stock and Apple (AAPL) stock.
• The lawsuit appears to be focused on search.
• Google controls 90% of the search market in the United States.
• Google has a much larger share of search on mobile.  Google pays about $8 billion a year to Apple to be the search default.