The Big Threat Hanging Over Google

News Snapshot:

If you’re lying awake at 3 a.m. one night, try reading the Justice Department’s 509-page “proposed finding of fact” in its antitrust lawsuit against Google’s search business, a revised version of which was filed with the court on Tuesday. You likely won’t make it past the extensive table of contents before you fall asleep. Even so, getting through the document is probably worth it, at least for investors in Google’s parent company, Alphabet. For those people, understanding the government’s case is essential. A government victory could impose restraints on Google’s search business, its cash cow. And depending on what those...