Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Alphabet    GOOGL

ALPHABET

(GOOGL)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Exclusive: EU antitrust regulators say they are investigating Google's data collection

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/30/2019 | 04:07pm EST
FILE PHOTO: People pass by an entrance to Google offices in New York

EU antitrust regulators are investigating Google's collection of data, the European Commission told Reuters on Saturday, suggesting the world's most popular internet search engine remains in its sights despite record fines in recent years.

Competition enforcers on both sides of the Atlantic are now looking into how dominant tech companies use and monetise data.

The EU executive said it was seeking information on how and why Alphabet unit Google is collecting data, confirming a Reuters story on Friday.

"The Commission has sent out questionnaires as part of a preliminary investigation into Google's practices relating to Google's collection and use of data. The preliminary investigation is ongoing," the EU regulator told Reuters in an email.

A document seen by Reuters shows the EU's focus is on data related to local search services, online advertising, online ad targeting services, login services, web browsers and others.

European Competition Commissioner Margrethe Vestager has handed down fines totalling more than 8 billion euros to Google in the last two years and ordered it to change its business practices.

Google has said it uses data to better its services and that users can manage, delete and transfer their data at any time.

By Foo Yun Chee

Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET -0.01% 1342.89 Delayed Quote.28.52%
HUDSON'S BAY COMPANY -2.88% 8.78 Delayed Quote.25.24%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ALPHABET
04:41pU.S. attorney general says Big Tech probes to be completed next year
RE
04:16pFACEBOOK : Barr Sees Big-Tech Probe Wrapping Up by Next Year
DJ
04:01pU.S. Justice Department to review Google's deal for Fitbit
RE
05:37aIndonesia e-commerce executives say new rules may choke booming online growth
RE
12/09Alphabet names Nobel Prize winner Frances Arnold to board
RE
12/09ALPHABET INC. : Change in Directors or Principal Officers, Financial Statements ..
AQ
12/09ALPHABET : 12.09.2019 Alphabet Appoints Frances Arnold to its Board of Directors..
PU
12/09CANADA TO MOVE AHEAD WITH DIGITAL SE : finance minister
RE
12/09Prosus NV Statement Regarding Takeaway.com NV -3-
DJ
12/09Naspers Limited Offer Update -3-
DJ
More news
Financials (USD)
Sales 2019 163 B
EBIT 2019 35 064 M
Net income 2019 32 307 M
Finance 2019 121 B
Yield 2019 -
P/E ratio 2019 29,0x
P/E ratio 2020 24,9x
EV / Sales2019 4,95x
EV / Sales2020 4,16x
Capitalization 927 B
Chart ALPHABET
Duration : Period :
Alphabet Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ALPHABET
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 45
Average target price 1 455,28  $
Last Close Price 1 342,89  $
Spread / Highest target 26,6%
Spread / Average Target 8,37%
Spread / Lowest Target -6,92%
EPS Revisions
Managers
NameTitle
Sundar Pichai Chief Executive Officer & Director
John LeRoy Hennessy Chairman
Ruth Porat Chief Financial Officer & Senior Vice President
Lawrence E. Page Director
Sergey Mikhaylovich Brin Director
Sector and Competitors
1st jan.Capitalization (M$)
ALPHABET28.52%926 439
BAIDU, INC.-27.63%39 868
NAVER CORP--.--%21 387
Z HOLDINGS CORPORATION41.35%16 533
YANDEX47.92%13 253
SOGOU INC.-7.62%1 894