KEY TAKEAWAYS:
Judge Amit Mehta issued a light remedy in the Google antitrust case.
Court rejected DOJ push to split off Chrome or block default search deals.
Google must share portions of its search data with rival engines.
Alphabet stock surged 9% after the ruling, adding $230 billion in value.
After a five-year legal showdown pitting the U.S. Department of Justice against Google, a federal judge concluded that the disruptive forces of artificial intelligence technology will have a better chance of hobbling an illegal monopoly than any restraints imposed by a court order.
That was one of the underlying themes of a highly-anticipated ruling issued late Tuesday by U.S. District Judge Amit Mehta. After ruling that Google’s dominant search engine had turned into an illegal mon