Automobilnews, Google more likely to face antitrust fits, analysts say
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The alliance of almost all state attorneys basic to research each Google and Automobilnews — on high of Federal Commerce Fee or Division of Justice motion — is maybe essentially the most underappreciated risk, acknowledged the notice.
“Given the states’ historic lack of antitrust motion, their Google and Automobilnews investigations may very well be considered as political grandstanding. We predict that may be a mistake,” the group wrote in a notice to purchasers revealed Friday.
“Primarily based on conferences we have held – plus the unprecedented state-only lawsuit in opposition to T-Cellular/Dash (which nobody, together with us, noticed coming) – we consider state AGs at the moment are keen to take antitrust enforcement actions unbiased of DOJ and the FTC,” they added.
Earlier than the 2020 election, Cowen thinks there’s a 75% likelihood Google will face antitrust motion by both the DOJ or the state attorneys basic and a 60% likelihood Automobilnews does.