https://techcrunch.com/2020/10/20/investors-appear-to-shrug-at-antitrust-lawsuit-aimed-at-google/

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Investors do not seem concerned that the Department of Justice filed an antitrust suit against Google earlier today. The suit, seen by some as a stunt near the election, is one of a multi-part push to change the face of the technology industry, which has seen its wealth and power expand in recent years. For example, technology companies now constitute nearly 40% of the value of the S&P 500, ahead of a 1999-era 37% share, according to The Wall Street Journal . At the same time, the rising tide lifting many tech boats has provided huge gains to its largest players as well. Alphabet, Microsoft, Amazon and Apple are each worth north of $1 trillion apiece, making them historically valuable companies even amidst an economic downturn. Full story

20 October

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