Google Stock (GOOGL) Defies British Competition Crackdown Threats
Alphabet-owned Google (GOOGL) shares gained despite U.K. regulatory scrutiny. The Competition and Markets Authority (CMA) is probing Google's search practices under new digital market rules, focusing on advertising costs and search result transparency.
Potential remedies, to be decided by October, may include mandatory 'choice screens' for search providers and stricter ranking fairness requirements. The investigation highlights growing global pressure on Big Tech, though markets shrugged off immediate concerns.