Jun 3, 2025 at 5:44 AM EDT
Google wants to settle with shareholders worried about antitrust.
The Financial Times reports that parent company Alphabet has proposed to spend $500 million over 10 years altering its compliance structure, in a bid to satisfy shareholders who'd sued over the company's repeated exposure to antitrust investigations. A judge still needs to approve the settlement, which would see Google establish a new regulatory committee within its executive board among other changes.
Google to spend $500mn on compliance to settle shareholder antitrust suit
[ft.com]
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CBS News
16 minutes ago
- CBS News
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18 minutes ago
- Bloomberg
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