Beyond fresh insights into Alphabet Inc's quarterly earnings on Monday, fin...
) quarterly earnings on Monday, financial analysts could press executives for details on the U.S. antitrust probe by 48 states.
That is not stopping states from taking advantage of new political momentum from both sides of the aisle to go after Silicon Valley’s giants, including Google. Texas is leading the current effort as part of an agreement to put a Democrat in charge of an investigation into Facebook and a Republican at the helm of the Google effort, according to sources familiar with the discussions. New York’s Democratic Attorney General Letitia James is leading the multi-state Facebook probe.
In addition to advertising, the FTC’s probe involved search bias and “scraping” of content. Missouri looked at the scope of Google’s data collection and whether it scraped content from competitors. Sally Hubbard, a director at the antitrust-advocacy group Open Markets Institute, said five years later the Google practices concerning investigators has not abated.
Google’s critics say the European Union’s $2.7 billion antitrust judgment against Google Shopping two years ago backs them up, and economists in contact with state AGs say that Google’s influence has become more problematic with the increased reliance on internet services for news and communications access.
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