States' Probe of Google Expands Into Android, Search
The investigation by state attorneys general into the advertising practices of Alphabet's Google (NASDAQ: GOOG) (NASDAQ: GOOGL) is reportedly expanding to its Android and search businesses, a big deal in what is already a massive probe.
With pressure coming from both sides of the aisle, including presidential hopefuls, and with the attorney general of pretty much every state (48 of them, plus Washington, D.C., and Puerto Rico) investigating Google, the Internet giant is in the regulatory crosshairs. But you wouldn't know it from the stock's performance: Alphabet's shares are up 23%, even in the wake of the expanding probe.
Image source: Google.
Source Fool.com
