October 9, 2020

Selling now Google / Alphabet because of antitrust issues

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.

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