wealthjustin

GOOG to be declared a monopoly soon target $742

Short
NASDAQ:GOOG   Alphabet Inc (Google) Class C
Bill is moving forward with even more support to break up Googles racket of digital advertising which accounts for 80% of income. Bill will make them sell their advertising broker division so they cant set their rates. Government says theyve been marking up as high as 42%.

If this bill passes Google gonna have a 60% drop. They still will have a monopoly on the search engine. So they will likely continue buying up more websites and manipulating results to place thiers up top. Just like they did when they invested in retailmenot and the other coupon sites.

Not financial advice but be careful

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