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Google can't have exclusive search deals — but won't have to divest Chrome or Android, judge rules in antitrust case

1. Judge ruled Google has an illegal search monopoly, barring exclusive contracts. 2. Google will not need to divest from Chrome or Android after ruling. 3. Shares of Alphabet rose over 6% in after-hours trading post-ruling. 4. DOJ proposed significant remedies, including potential divestiture of key assets. 5. Google plans to appeal the monopolist ruling, prolonging legal battles.

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Why Bullish?

The ruling mitigated severe penalties, allowing Google to retain significant assets, which may boost investor confidence as seen in the immediate share price increase. Historically, when companies overcome or mitigate severe legal challenges, their stock tends to rebound due to reduced fear of drastic changes.

How important is it?

The article directly relates to ongoing legal challenges that can substantially alter Google's business operations and overall market position. The outcome of the appeal will influence market sentiment and investor strategies, affecting GOOG's stock performance significantly.

Why Long Term?

The prolonged appeal process could maintain a level of uncertainty around Google's operations but will ultimately stabilize once the appeal is resolved. Previous antitrust cases, like Microsoft’s, indicated that prolonged legal battles can lead to eventual settlement outcomes that stabilize long-term investor confidence.

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