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DOJ Antitrust Lawsuits Targeting Our Top Two Ideas: V and GOOG

publication date: Sep 30, 2024
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Image: Alphabet's and Visa's shares have performed remarkably well since the beginning of 2023. 

We received a number of questions regarding the DOJ's investigation into anticompetitive practices for two of the top ideas in the Best Ideas Newsletter portfolio. Antitrust news with respect to Alphabet’s ad search business and Visa’s debit card business is nothing surprising, but it speaks to the positives and dominance behind their business models, something we like quite a bit. Any outcome of an antitrust lawsuit is uncertain and could result in a settlement and potential other action, including divestitures.


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