Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Alphabet Inc.    GOOGL

ALPHABET INC.

(GOOGL)
  Report
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Factbox: Big Tech's market dominance spurs numerous U.S. antitrust probes

10/09/2020 | 02:44pm EST
FILE PHOTO: The logos of Amazon, Apple, Facebook and Google

WASHINGTON (Reuters) - The four Big Tech companies -- Alphabet's Google, Amazon, Apple and Facebook -- face an array of antitrust investigations at the federal and state level which were revealed in mid-2019.

While Democrats may be viewed as tougher on antitrust regulation, traditional Republican concerns about regulatory overreach appear to be overridden by anger over allegations that Big Tech tries to stifle conservative voices.

These are the inquiries that are underway:

Justice Department on Google: The U.S. Justice Department is expected to file a relatively narrow complaint within two weeks, which accuses Google of seeking to disadvantage rivals in search and in lucrative search advertising.

Justice Department on Apple: This probe, which was revealed in June 2019, appears to focus on Apple's app store. Some app developers have accused Apple of introducing new products and then pushing out apps which compete with them. Apple says it seeks to have only the highest quality apps in the app store.

Justice Department on Facebook and Amazon: In July 2019, the Justice Department said that it was expanding its Big Tech probes to include "search, social media, and some retail services online" -- an apparent reference to Facebook and Amazon as well.

Federal Trade Commission on Facebook: FTC officials probing Facebook have asked about past acquisitions, like Instagram and WhatsApp, and how Facebook treats app developers on its platform. The FTC told Facebook in June 2019 it was probing whether the company has engaged in unlawful monopolistic practices.

Federal Trade Commission on Amazon: In its probe of Amazon, the FTC is likely looking at the inherent conflict of interest of Amazon competing with small sellers on its marketplace platform, including allegations that it used information from sellers on its platform to decide what products it would introduce.

State attorneys probe Google: A group of state attorneys general led by Texas is expected to file a lawsuit focused on digital advertising, while a group led by Colorado is contemplating a more expansive lawsuit against Google that may also include concerns about its Android business.

State attorneys general probe Facebook: New York Attorney General Letitia James, who leads the state attorneys general probing Facebook, has said that the investigation would look at whether the company's actions endangered consumer data, reduced consumer choice or increased the price of advertising.

(Reporting by Diane Bartz; Editing by Aurora Ellis)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 1.30% 1787.02 Delayed Quote.33.42%
AMAZON.COM, INC. 0.32% 3195.34 Delayed Quote.72.92%
APPLE INC. 0.48% 116.59 Delayed Quote.58.81%
FACEBOOK INC 0.81% 277.81 Delayed Quote.35.35%
All news about ALPHABET INC.
11/28FACTBOX-THE BIDEN CABINET : President-elect begins to build a team
RE
11/27EXCLUSIVE : Russia's Sberbank targets half of revenue from non-banking by 2030 -..
RE
11/27EXCLUSIVE : Russia's Sberbank targets half of revenue from non-banking by 2030 -..
RE
11/27India's GDP Shrinks as Covid-19 Keeps Stranglehold on Economy -- 2nd Update
DJ
11/27India's GDP Shows Covid-19 Has Stranglehold on One of World's Largest Economi..
DJ
11/27Renewable Energy Industry Readies Wish Lists for Joe Biden
DJ
11/26Britain says it will impose new competition rules to prevent google and faceb..
RE
11/26Amazon Web Services Hit by Outage -- Update
DJ
11/25Amazon Web Services Hit by Outage -- Update
DJ
11/25ALPHABET : 11.25.2020 Alphabet to Present at the UBS Global TMT Virtual Conferen..
PU
More news
Financials (USD)
Sales 2020 179 B - -
Net income 2020 35 705 M - -
Net cash 2020 118 B - -
P/E ratio 2020 35,0x
Yield 2020 -
Capitalization 1 211 B 1 211 B -
EV / Sales 2020 6,12x
EV / Sales 2021 5,00x
Nbr of Employees 132 121
Free-Float 90,3%
Chart ALPHABET INC.
Duration : Period :
Alphabet Inc. Technical Analysis Chart | GOOGL | US02079K3059 | MarketScreener
Technical analysis trends ALPHABET INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 47
Average target price 1 884,54 $
Last Close Price 1 787,02 $
Spread / Highest target 25,9%
Spread / Average Target 5,46%
Spread / Lowest Target -30,8%
EPS Revisions
Managers
NameTitle
Sundar Pichai Chief Executive Officer & Director
John LeRoy Hennessy Chairman
Ruth M. Porat Chief Financial Officer & Senior Vice President
Lawrence E. Page Director
Sergey Mikhaylovich Brin Director
Sector and Competitors
1st jan.Capitalization (M$)
ALPHABET INC.33.42%1 210 823
ALIBABA GROUP HOLDING LIMITED30.35%748 054
TENCENT HOLDINGS LIMITED56.02%715 632
MASTERCARD INCORPORATED14.31%338 027
PROSUS N.V.36.78%181 504
THE TRADE DESK, INC.236.09%41 005