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Google Back In Regulator Sights

According to CNBC, the US Department of Justice is reportedly preparing an antitrust investigation against Google. Google controls more than 70% of the global search engine market, and it allegedly used its market dominance in order to generate north of $136 billion in revenues last year for its mother company Alphabet.

Google has faced a lot of antitrust probes in the past and probably is going to have to fend off plenty in the future. In 2010, the European Commission opened a complaint that resulted in a $2.7 billion fine for Google. Again in 2013, Google reached a settlement with the US Federal Trade Commission.

Most recently the search giant has become a bipartisan political punching bag in the US. For example, the company is on Elizabeth Warren's list of companies to break-up, and Trump once accused the company for favouring Democrats in its search results, which absolutely makes no sense.

This doesn't really affect our investment in Google. A similar kind of scrutiny once faced Microsoft in its past and all it did was introduce more regulation towards the company creating barriers to entry for new companies who wanted to join the two horse computer operating system race.


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