Reuters Reported Earlier: Japan's Fair Trade Commission Said It Would Start Investigating Google's Possible Breach Of Antimonopoly Laws In Web Search Services
Portfolio Pulse from Charles Gross
Japan's Fair Trade Commission has announced it will investigate Google for potential breaches of antimonopoly laws in its web search services. This follows similar investigations in Europe and other major economies.
October 23, 2023 | 9:37 am
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NEUTRAL IMPACT
The iShares MSCI Japan ETF (EWJ) could be indirectly affected by the antimonopoly investigation into Google, as it could impact the overall market sentiment in Japan.
While the iShares MSCI Japan ETF (EWJ) does not directly hold Google or Alphabet Inc. stocks, the antimonopoly investigation into Google could impact the overall market sentiment in Japan, potentially affecting the performance of the ETF. However, the direct impact is uncertain at this stage.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
Google is under investigation by Japan's Fair Trade Commission for potential antimonopoly law breaches. This could lead to legal and regulatory challenges for the company.
The investigation by Japan's Fair Trade Commission could lead to legal and regulatory challenges for Google. This could potentially impact the company's operations and financial performance, leading to a negative impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Alphabet Inc., Google's parent company, could face potential repercussions from the antimonopoly investigation in Japan. This could lead to legal and regulatory challenges.
As Google's parent company, Alphabet Inc. could face potential repercussions from the antimonopoly investigation in Japan. This could lead to legal and regulatory challenges, potentially impacting the company's operations and financial performance, leading to a negative impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100