Google is trading 4.3% down at ARS 9,580 as an EU Digital Markets Act ruling forces the company to open its Android and search data to competitors.
- The mandate requires Google to allow rival AI assistants deeper integration, a move expected to erode its competitive moat and future profitability.
- The stock is facing additional headwinds from a broad technology sector sell-off as investors rotate out of the space on valuation concerns and profit-taking.