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FOMC poised for rate decision

Take a special look at Google. With the tech giant beginning its next antitrust trial, we believe this series of legal challenges could potentially reshape its business. These lawsuits, led by the U.S. Department of Justice (DOJ), have raised serious questions about the company’s dominance in digital advertising. Accusations of anti-competitive behaviour, which include eliminating potential threats in the market, could force the company into making structural changes, or even face the risk of being broken up. These legal challenges aren’t isolated. Alphabet, Google’s parent company, lost appeal in the European Union for favouring its shopping services over competitors. Despite Alphabet’s efforts to comply with regulatory rulings, these cases represent a continued threat to its business model. Should the DOJ win these cases, it may push for measures that could reshape the entire structure of Alphabet. This, of course, could severely disrupt its strong position in digital advertising. Read more to find out why FOMC meeting will be key.

why FOMC meeting will be key

Disclaimer:

Traders should be wary of the potential for sudden market shifts triggered by other political and economic developments, where proper risk management is vital.

Publication date:

2024-09-27 15:19:28 (GMT)

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