German cartel office opens investigation into Alphabet's Google

Referenced Symbols

The Bundeskartellamt, Germany's cartel office, said it's opened investigations into Google Germany, Google Ireland and Alphabet GOOG, +2.63%. "An ecosystem which extends across various markets may be an indication that a company holds such a market position. It is often very difficult for other companies to challenge this position of power. Due to the large number of digital services offered by Google, such as the Google search engine, YouTube, Google Maps, the Android operating system or the Chrome browser, the company could be considered to be of paramount significance for competition across markets," said Andreas Mundt, president of the Bundeskartellamt. The regulator also has opened probes into Facebook FB, +2.66% and Amazon AMZN, +1.31%.

Read Next

Read Next

United Airlines to give vaccinated MileagePlus members a chance to win a year's worth of free flights

United Airlines Holdings Inc. undefined said Monday it will raffle off a year's worth of free flights among members of its loyalty program who have received the COVID-19 vaccination. Under terms of the air carrier's "Your Shot to Fly" sweepstakes, new or existing MileagePlus members need to upload their vaccination records to United's app or website between Monday and June 22 for the possibility to win a roundtrip flight for two, in any class of service, to anywhere United flies. There will be 30 pairs of tickets given away in June. And on July 1, United will announce five randomly picked members who have entered the sweepstakes for travel for a year, also in any class to any United destination, for themselves and a companion. "We're proud to do our part to incentivize people to get their shot," said Chief Executive Scott Kirby. "Thanks to the vaccine, more and more destinations are opening up for travel -- and we know our customers are eager to fly." The stock, which rose 0.7% in premarket trading, has rallied 27.9% year to date through Friday, while the U.S. Global Jets ETF undefined has advanced 15.9% and the S&P 500 undefined has gained 10.6%.

More On MarketWatch

About the Author