In the Google Search antitrust case, Justice Mehta proposed remedies that will not force Alphabet to divest Chrome or Android. Instead, Alphabet will need to engage in modest data sharing with competitors and cannot have exclusive search agreements. This ruling is a relief for investors, as structural remedies were not proposed.

Alphabet’s fair value estimate remains at $237, as the antitrust opinion largely aligns with Morningstar’s outlook. Shares jumped 7% after the decision, indicating that the market views Alphabet as fairly valued. With the remedies opinion settled, Alphabet can focus on enhancing its search business with AI integration during the industry’s shift to AI-first search.

Read more at Morningstar: Remedies Proposed in the Google Search Case Do Not Pose a Material Risk