Good news for big tech, the regulator’s bark is bigger than the bite.
$Alphabet - C(GOOG.US) up 8% on the ruling that it can keep Chrome. $Apple(AAPL.US) up 3% on the fact it can keep the Google default search deal (15% of Apple’s operating income).Apple also gets a nice win because the ruling forces Google to renegotiate the search deal annually.Source: Gene Munster
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