8-KOther Events

Alphabet Inc. 8-K Report, Corporate Update (Oct 20, 2020)

Filed October 20, 2020For Securities:GOOGLGOOGGOOGMGOOGN

Summary

This 8-K filing from Alphabet Inc. announces a significant development: the U.S. Department of Justice (DOJ), joined by 11 state Attorneys General, has filed an antitrust lawsuit against Google. The complaint, filed in the U.S. District Court for the District of Columbia, specifically alleges violations of U.S. antitrust laws concerning Google's Search and Search advertising businesses. This action stems from civil investigative demands that Google began receiving in August 2019.

Key Highlights

  • 1DOJ and 11 state Attorneys General filed an antitrust lawsuit against Google.
  • 2The lawsuit alleges violations of U.S. antitrust laws related to Search and Search advertising.
  • 3Google believes the complaint is without merit and intends to defend itself vigorously.
  • 4The filing follows civil investigative demands received by Google starting in August 2019.
  • 5Ongoing investigations by the DOJ and state Attorneys General into other aspects of Google's business continue.

Frequently Asked Questions

The main event is the filing of an antitrust lawsuit against Google by the U.S. Department of Justice, joined by 11 state Attorneys General. The lawsuit concerns Google's Search and Search advertising businesses.

Google believes the complaint is without merit and stated that it will defend itself vigorously.

Google began receiving civil investigative demands from the DOJ and a group of state Attorneys General regarding antitrust matters in August 2019.

The lawsuit specifically targets alleged violations related to Google's Search and Search advertising businesses. However, the filing notes that the DOJ and state Attorneys General continue their investigations into other aspects of Google's business.