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GOOGLEarnings2024-10-29
Pichai responds to a question about the search antitrust case and the possible loss of default search agreements.
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Sundar Pichai · Alphabet Investor Relations · Alphabet 2024 Q3 Earnings Call
“First of all, we plan to vigorously defend these cases. And some of the early proposals from the DOJ, et cetera, have been far-reaching. And we plan to, I think they could have unintended consequences, particularly to the dynamic tech sector and the American leadership there.”
Key terms
- DOJ
- — The U.S. Department of Justice, which brought the antitrust case against Google's search business.
- ISA contract
- — An information services agreement, such as a deal paying to be the default search engine on a device or browser.
Educational summary of a public statement. Not investment advice.