
Google has appealed an Indian court ruling that it infringed a trademark by allowing rivals to bid on its name as an advertising keyword. The company argues the ruling will harm consumers, according to Reuters-reviewed documents, implying potential legal and business-headwind risk for its ads practices. The news is more likely to affect sentiment around Google/advertising legal exposure than drive near-term market moves.
Google has appealed an Indian court ruling that it infringed a trademark by allowing rivals to bid on its name as an advertising keyword. The company argues the ruling will harm consumers, according to Reuters-reviewed documents, implying potential legal and business-headwind risk for its ads practices. The news is more likely to affect sentiment around Google/advertising legal exposure than drive near-term market moves.
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mildly negative
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