- Germany’s competition authority had initiated an investigation against Alphabet Inc GOOGL GOOG Google’s News Showcase platform to ensure no discrimination between individual publishers and prevent the flocking of competing offerings from publishers or other news providers, Reuters reports.
- In February, Google launched the News Showcase platform for offering news paid by it to bypass an Australian law that charged Google and Facebook, Inc FB for content.
- Price action: GOOG shares closed lower by 0.69% at $2,404.61 on Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
