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Alphabet CDR (CAD Hedged)
Symbol GOOG
Shares Issued 36,600,000
Close 2026-09-02 C$ 53.22
Market Cap C$ 1,947,852,000
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Globe/NYT say Alphabet's Google dodges another bullet

2026-09-03 08:53 ET - In the News

The Globe and Mail reports in its Thursday edition that a U.S. federal judge ruled Wednesday that Google must make changes to address its advertising monopoly but would not need to break up that business. A New York Times dispatch to The Globe says that Judge Leonie Brinkema, who sits on the U.S. District Court for the Eastern District of Virginia, issued her sealed decision after finding last year that Google broke the law to protect its dominance over the technology that places ads on pages across the Web. The ruling was previewed in a short order posted by the court. The Justice Department had requested that Google sell off parts of its business, which it said was necessary to check the company's power. But the judge declined to grant the request. She instead ordered Google to change its business practices to benefit competitors, though she did not provide specifics. The decision ensures that Google's power will be largely unchanged as it moves to dominate a technological era defined by artificial intelligence. Despite two Federal Court rulings in major government lawsuits declaring the tech giant a monopolist -- the other in search -- judges have not ordered significant structural changes to its business.

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