Google faces a possible $100 billion litigation avalanche, says Bernstein
Briefly

"The reality of an internet company is progress never stops. And if you're going to be hampered, where maybe you're fighting with one hand tied behind your back, it becomes a very difficult prospect to move as quickly as you'd like, and maybe as you need to" - Mark Shmulik, Bernstein senior analyst.
"The ruling found that Google used its dominance in text ads to charge 'supra-competitive prices,' or prices above what would be sustainable in a competitive market, which allowed it to earn 'monopoly profits' on text ads."
"All told, the mounting tab for the tech giant could exceed $100 billion... which could reportedly include breaking up the business, Google could also face multiple class action lawsuits from advertisers seeking monetary penalties."
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