CMA Accepts Google's Commitments On Third-Party Cookies
Portfolio Pulse from Benzinga Newsdesk
The UK's Competition and Markets Authority (CMA) has accepted Google's commitments regarding the use of third-party cookies. This decision is significant for Google's advertising business and its relationship with regulators.
July 22, 2024 | 7:04 pm
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POSITIVE IMPACT
The UK's CMA has accepted Google's commitments on third-party cookies, which is a positive development for Google's advertising business and its regulatory standing.
The acceptance of Google's commitments by the CMA reduces regulatory uncertainty and allows Google to continue its advertising business with fewer disruptions. This is likely to have a positive short-term impact on Google's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The UK's CMA has accepted Google's commitments on third-party cookies, which is a positive development for Google's advertising business and its regulatory standing.
The acceptance of Google's commitments by the CMA reduces regulatory uncertainty and allows Google to continue its advertising business with fewer disruptions. This is likely to have a positive short-term impact on Google's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100