EU Antitrust Chief Margrethe Vestager Is Set To Hold A News Conference On An Antitrust Case At 1045 GMT Wednesday, Where She Is Expected To Address Alleged Anti-Competitive Practices By Alphabet's Google In Its Digital Advertising Business
Portfolio Pulse from Charles Gross
EU Antitrust Chief Margrethe Vestager is expected to address alleged anti-competitive practices by Alphabet's Google in its digital advertising business during a news conference at 1045 GMT Wednesday.
June 14, 2023 | 9:25 am
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NEGATIVE IMPACT
Google may face regulatory scrutiny over alleged anti-competitive practices in its digital advertising business.
The news conference by EU Antitrust Chief Margrethe Vestager is expected to address alleged anti-competitive practices by Google. This could lead to regulatory scrutiny and potential fines, negatively impacting Google's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Alphabet's Google may face regulatory scrutiny over alleged anti-competitive practices in its digital advertising business.
The news conference by EU Antitrust Chief Margrethe Vestager is expected to address alleged anti-competitive practices by Google. This could lead to regulatory scrutiny and potential fines, negatively impacting Alphabet's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
The EU's focus on Google's alleged anti-competitive practices may have a minor impact on the Vanguard FTSE Europe ETF (VGK).
While the news conference is expected to address Google's alleged anti-competitive practices, the impact on the broader European market, as represented by VGK, is likely to be minor. However, any regulatory actions against Google could have a slight negative effect on the ETF.
CONFIDENCE 70
IMPORTANCE 20
RELEVANCE 20