U.S. FTC Outlines Remedy Concerns In Amicus Brief Following Jury Verdict That Google Illegally Monopolized App Store
Portfolio Pulse from Benzinga Newsdesk
The U.S. Federal Trade Commission (FTC) has outlined its concerns regarding remedies in an amicus brief following a jury verdict that found Google illegally monopolized its app store. This development could have significant implications for Google's business operations and regulatory environment.
August 13, 2024 | 2:33 pm
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The FTC has expressed concerns about remedies following a jury verdict that Google monopolized its app store. This could lead to regulatory actions affecting Google's business operations.
The FTC's concerns about remedies following a jury verdict against Google for monopolizing its app store suggest potential regulatory actions. This could negatively impact Google's business operations and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
The FTC has expressed concerns about remedies following a jury verdict that Google monopolized its app store. This could lead to regulatory actions affecting Google's business operations.
The FTC's concerns about remedies following a jury verdict against Google for monopolizing its app store suggest potential regulatory actions. This could negatively impact Google's business operations and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100