Canada's antitrust watchdog sues Google alleging anti-competitive conduct in advertising
1. Canada's Competition Bureau is suing Google for anti-competitive practices. 2. The lawsuit targets Google's dominance in online advertising.
Reuters
28 days
-0.19%Current Return
VS+0.62%S&P 500
$170.8211/28 03:50 PM EDTEvent Start
$170.4911/29 10:00 PM EDTLatest Updated
2 mins saved
Full ArticleFAQ
Why Bearish?
Legal challenges can negatively affect investor sentiment and stock performance, similar to past antitrust cases against tech companies.
How important is it?
Antitrust lawsuits can lead to regulatory scrutiny and impact Google's advertising revenue significantly.
Why Short Term?
Initial reactions to lawsuits usually impact stock prices quickly, as seen with other tech firms.