Alphabet Plans Appeal After SEC Ruling on Antitrust Allegations

Google’s parent company, Alphabet, is preparing to challenge a recent ruling from the U.S. Securities and Exchange Commission (SEC). A judge ruled that the Department of Justice failed to prove that Google’s advertising tools and acquisition practices were anti-competitive in a case involving Alphabet. This decision has prompted Alphabet to announce its intent to appeal portions of the SEC’s ruling, highlighting potential legal disputes regarding antitrust concerns.