Alphabet (NASDAQ: GOOGL), the parent entity of the Google search engine and its sprawling ad-tech business, the Chrome browser, and the Android OS, is facing stiff antitrust remedies now that it has been found complicit in maintaining an illegal monopoly in the search engine sphere. However, one asset management company now wants Alphabet's conglomerate structure dismantled to unlock higher valuation multiples. For the benefit of those who might not be aware, US District Court Judge Amit Mehta ruled back in 2024 that Alphabet's Google violated antitrust laws by maintaining an illegal monopoly in the search sphere. This then spawned a […]
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