Amgen Stock Outlook: Bearish Earnings Forecast Could Present Long-Term Value Opportunity
$$296.32
Amgen Stock Outlook: Bearish Earnings Forecast Could Present Long-Term Value Opportunity
04 Nov 2025, 13:11
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After a historic antitrust decision decided that Alphabet-owned Google had abused its dominant market position, the US Department of Justice is considering potential punishment against the company, including the dissolution of the search giant.
According to a federal court filing on Tuesday, the DOJ is "considering behavioural and structural remedies" that would stop Google from utilising its operating system, web browser, or app store to provide its search company an advantage over rivals. Officials also claimed that Google might be forced to provide the underlying data used in the development of its search engine and artificial intelligence products by US judge Amit Mehta, who is overseeing the case.
"For more than a decade, Google has controlled the most popular distribution channels, leaving rivals with little-to-no incentive to compete for users," the Department of Justice stated.
In response, Google issued a warning on its blog post, stating that the plan may negatively impact "American innovation and America's consumers."
The DOJ's complaint follows Mehta's August declaration that the internet giant was a "monopolist," claiming that it had paid billions of dollars to firms including web browser operators and phone makers to have Google as their default search engine.
Mehta plans to make a ruling by August 2025 and has set hearings for the remedy petitions for April of the following year. As reported by the Financial Times. According to the report, Google has pledged to challenge the ruling all the way to the US Supreme Court.
Many of Google's smaller competitors, such as adMarketplace, DuckDuckGo, and Yelp, had demanded that some of Google's businesses be sold. Approximately 90% of all US internet searches are managed by this company.
(Sources: investing.com, ft.com, reuters.com)