|Bid||92.45 x 0|
|Ask||92.59 x 0|
|Day's range||92.28 - 93.47|
|52-week range||85.07 - 135.12|
|Beta (5Y monthly)||1.05|
|PE ratio (TTM)||19.60|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
(Bloomberg) -- Google now faces more than 21 million customers, instead of just a handful, in a lawsuit alleging its app store collects exorbitant fees.Most Read from BloombergApple to Lose 6 Million iPhone Pros From Tumult at China PlantNext Covid-19 Strain May be More Dangerous, Lab Study ShowsThere’s a Job-Market Riddle at the Heart of the Next RecessionStocks Hit by Fedspeak as China Woes Boost Havens: Markets WrapA federal judge exponentially increased the Alphabet Inc. unit’s damages expos
A U.S. judge in California on Monday allowed litigation against Alphabet Inc's Google to proceed as a consumer class action of 21 million individuals who accuse the company of violating U.S. anti-competition laws in how it runs its Google Play app store. U.S. District Judge James Donato said in a 27-page order that the plaintiffs had established the legal elements of "commonality" and other factors to form a class action that alleges anticompetitive business practices. The class members are Google Play Store individual consumers in 12 states, including Ohio, Michigan and Georgia, in addition to American Samoa, Guam, Northern Mariana Islands, Puerto Rico and the U.S. Virgin Islands.
WASHINGTON (Reuters) -The U.S. Federal Trade Commission and seven U.S. states reached a settlement with Alphabet Inc's Google and iHeartMedia Inc over allegations of deceptive ads promoting Google's Pixel 4 smartphone, the FTC said. The FTC said in a statement on Monday that the companies aired nearly 29,000 deceptive endorsements by radio personalities promoting their use of and experience with Google's Pixel 4 phone in 2019 and 2020. The allegations were settled by the companies, who agreed to pay $9.4 million in penalties, the FTC said.