Google under tougher supervision by German regulator for five years, ruling says
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Alphabet (NASDAQ:GOOGL) and its Google subsidiary will be under tougher, more intense supervision by Germany's Federal Cartel Office, due to a new regulation targeting large tech companies.
According to Bloomberg, which first reported the news, the regulator can ban practices that it says are anti-competitive. The statement added that Google (GOOGL) has âparamount significance for competition across markets.â

Additionally, Andreas Mundt, the chief of Germany's Federal Cartel Office, said: âWe have already started to look into Googleâs processing of personal data and to deal with the Google News Showcase issue in more detail.â
Bloomberg added that the ruling is valid for five years, with Google (GOOGL) being the latest company Germany's cartel regulator has looked into, including Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL) and Meta Platforms (NASDAQ:FB) Facebook.
On Tuesday, Google (GOOGL) confirmed it had acquired Israeli cybersecurity startup Siemplify for a reported $500 million.