Judge finalizes remedies in Google antitrust case

Core Points - A U.S. judge finalized the consequences for Google regarding its search monopoly ruling, adding new details to the remedies [1][2] - Google was previously found to hold an illegal monopoly in internet search, with minimal consequences from the Department of Justice's proposed remedies [1][2] - Alphabet shares increased by 8% in extended trading, indicating investor relief over the perceived minimal impact of the ruling [2] Summary by Sections - Antitrust Case Background - The antitrust trial commenced in September 2023, with a ruling made by U.S. District Judge Amit Mehta [3] - The judge ruled against the most severe consequences proposed, such as the forced sale of Google's Chrome browser [2] - Remedies and Restrictions - Google is allowed to make payments to preload products but cannot have exclusive contracts that condition payments or licensing [3] - The company must loosen its hold on search data and make certain search index data and user interaction data available, excluding ads data [3] - Market Reaction - Investors largely viewed the ruling as non-impactful, although some noted it could still have negative implications for Google [2]