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

UK Regulator to Have Oversight Over Google's Removal of Third-Party Cookies

06/11/2021 | 12:43am EDT

By Adria Calatayud

The U.K.'s Competition and Markets Authority said Friday that it will have an oversight role over Alphabet Inc.'s Google's planned removal of third-party cookies.

The antitrust watchdog said it secured commitment from Google to address competition concerns raised by some third parties about the tech company's plan. The CMA said it will take up a role in the design and development of Google's Privacy Sandbox proposals to ensure they don't distort competition.

The CMA said Google's U.K. commitments are likely to have implications for the global implementation of its Privacy Sandbox proposals.

Google's commitments follow an investigation, launched by the CMA in January, into its plan to phase out third-party cookies and other functionalities in its Chrome browser. The CMA said it was concerned that Google's plan could be developed in ways that would hurt competition in digital-advertising markets and concentrated more ad spending on Google.

The regulator will now launch a consultation on whether to accept Google's commitments, which will close on July 8.

Write to Adria Calatayud at adria.calatayud@dowjones.com

(END) Dow Jones Newswires

06-11-21 0243ET

Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. -0.17% 2442.54 Delayed Quote.39.60%
DJ INDUSTRIAL -0.21% 33874.24 Delayed Quote.10.91%
All news about ALPHABET INC.
12:47pNational antitrust watchdogs want more say in enforcing EU tech rules
RE
10:48aOLB Shares Rise 21% After Using SecurePay to Support Sale of NFTs
DJ
09:27aSTREET COLOR : Alphabet Announces Launch of Google Cloud Community
MT
05:04aU.S. senator presses Amazon, Google on Matter smart-home effort
RE
04:32aMediaset's Dutch move gets green light in boost to M&A push
RE
04:12aEQS-NEWSá : Dynamic Data Development AG successfully completes capital increase ..
DJ
06/22NEWS HIGHLIGHTS : Top Company News of the Day
DJ
06/22ALPHABETá : Google likely to soon face antitrust claims over Play store from U.S..
RE
06/22People want trusted news, Reuters Institute says
RE
06/22AMAZON COMá : Biden sees work needed to address problems created by big tech fir..
RE
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 1 670 B 1 670 B -
EV / Sales 2021 6,48x
EV / Sales 2022 5,48x
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 2 446,61 $
Average target price 2 797,91 $
Spread / Average Target 14,4%
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.39.60%1 669 845
BAIDU, INC.-13.24%66 340
NAVER CORPORATION44.79%50 983
Z HOLDINGS CORPORATION-10.49%37 260
YANDEX N.V.-1.47%24 466
SOGOU INC.2.33%3 235