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Google asked to part with the “parent”

admin by admin
June 14, 2020
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Google asked to part with the “parent”Anna Saveleva | 19.06.2019

Google просят расстаться с «родителем»

Activist shareholders propose Alphabet, the parent company of Google, not wait for regulators “tear” it apart.

The proposal should come from the American company SumOfUs Wednesday, at the annual meeting Alphabet. It is reported that the US government and the EU is still concerned about the dominant
position of Alphabet on the market, and for the same holding will be much more profitable voluntarily to separate and reduce its size. Less attractive alternative is the sale of assets under
pressure regulators.

Of course, most likely will not be heard or considered seriously. But its presence suggests that attention to antitrust actions against Google, Facebook and Amazon and others
continues to increase, as the scale of the companies unwittingly entail political and public interest in their influence on world information.

Around the collection of the Alphabet on Wednesday, many activists were planning to expand their shares. Representatives of the community, calling to solve the problem of shortage of housing in Silicon valley, also wanted to make
a rally there.

A group of Google employees, the division does not support. Google declined to comment.

Source: reuters.com

antitrust regulation

Journal: Journal IT-News, Subscription to magazines

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