The Alphabet share $GOOGL (-1.34%) shares fell after a US federal court ruled against the tech group in the ongoing proceedings regarding the distortion of competition in the advertising business. According to the ruling, Google abused its dominant market position in the ad tech sector to systematically disadvantage competitors. The decision could have far-reaching consequences for Google's advertising strategy and business practices. Analysts expect regulatory requirements and possible structural changes in the advertising business. Alphabet generates around 80% of its revenue from advertising, which further underlines the explosive nature of the ruling.
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