Obermatt CEO Dr. Hermann Stern was an early adopter of the Google search engine in the late 90s and again an early adopter of the Google G Suite in the early 10's. He is enthusiastic about Google products. Nevertheless, he now recommends selling Google, i.e. the Alphabet stock. His reasoning: Google has become a monopolist, with high costs for economy and society. No wonder the American judicial authorities are now discussing a competition law action against Google. Google must be exposed to competition, which is likely to lead to a drop in its share price. More in the podcast.
October 9, 2020
Selling now Google / Alphabet because of antitrust issues
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