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
  1. Homepage
  2. Equities
  3. United States
  4. Nasdaq
  5. Alphabet Inc.
  6. News
  7. Summary
    GOOGL   US02079K3059

ALPHABET INC.

(GOOGL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Alphabet : Texas federal judge hears arguments for date of Google trial

05/06/2021 | 02:29pm EDT
FILE PHOTO: A sign is pictured outs a Google office near the company's headquarters in Mountain View, California

WASHINGTON (Reuters) - A lawyer for 14 states led by Texas that have accused Alphabet's Google of breaking antitrust law asked a federal judge to schedule a trial for the spring of 2022, while the search and advertising giant has asked for a trial in the fall of 2023.

In a pre-trial hearing on Thursday, Mark Lanier, arguing for Texas and the other states, said the burden was on them to prove the case against Google and that they could be ready quickly. "We're able to put focused people on this to make this their reason for living," Lanier told the judge.

The Texas lawsuit accuses Google of violating the law in how it dominates the process of placing ads online. Website publishers complain that one result has been lower revenues.

Google denies any wrongdoing.

Speaking for Google, Paul Yetter said it had recently received 1.1 terabytes of data comprising more than a million documents from the states regarding the complicated, multi-pronged lawsuit and that it needed time to get up to speed.

"I think we all would agree that if you have a big head start you want a short race. And they do have a big head start," Yetter said.

Judge Sean Jordan of the U.S. District Court for the Eastern District of Texas, who is hearing the case, did not set a trial date during the hearing. He is also expected to respond to a motion by Google to move the trial to California, where the company is fighting other, similar cases.

The case being considered in Texas is one of three big antitrust lawsuits filed against Google last year.

(Reporting by Diane Bartz; Editing by Dan Grebler)


© Reuters 2021
All news about ALPHABET INC.
12:31aEMEA MORNING BRIEFING  : Uncertainty Over Fed Stimulus Outlook to Hold Back Stoc..
DJ
06/23EQS-NEWS  : Maps.me Announces New Cashback Partnership with Booking.com Leading ..
DJ
06/23EQS-NEWS : Newborn Town Inc. Received 'Buy Rating' from Sinolink Securities with..
DJ
06/23National antitrust watchdogs want more say in enforcing EU tech rules
RE
06/23FACEBOOK  : Brazilian Senate to hear Google, Facebook, Twitter in pandemic probe
RE
06/23OLB Shares Rise 21% After Using SecurePay to Support Sale of NFTs
DJ
06/23STREET COLOR : Alphabet Announces Launch of Google Cloud Community
MT
06/23U.S. senator presses Amazon, Google on Matter smart-home effort
RE
06/23Mediaset's Dutch move gets green light in boost to M&A push
RE
06/23EQS-NEWS  : Dynamic Data Development AG successfully completes capital increase ..
DJ
More news
Financials (USD)
Sales 2021 236 B - -
Net income 2021 58 816 M - -
Net cash 2021 141 B - -
P/E ratio 2021 27,9x
Yield 2021 -
Capitalization 1 665 B 1 665 B -
EV / Sales 2021 6,46x
EV / Sales 2022 5,46x
Nbr of Employees 139 995
Free-Float 90,2%
Chart ALPHABET INC.
Duration : Period :
Alphabet Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ALPHABET INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 48
Last Close Price 2 442,54 $
Average target price 2 797,91 $
Spread / Average Target 14,5%
EPS Revisions
Managers and Directors
NameTitle
Sundar Pichai Chief Executive Officer & Director
Ruth M. Porat Chief Financial Officer & Senior Vice President
John LeRoy Hennessy Chairman
Louis John Doerr Independent Director
Ann Mather Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
ALPHABET INC.39.36%1 664 953
BAIDU, INC.-12.52%66 891
NAVER CORPORATION44.79%55 368
Z HOLDINGS CORPORATION-10.49%38 294
YANDEX N.V.-0.45%24 720
SOGOU INC.2.70%3 246