Alphabet Inc. (NASDAQ:GOOG) remains one of the 10 best marketing stocks to buy right now.
On Friday, June 13, 2025, Mexico’s antitrust watchdog, Cofeco, closed the multi-year antitrust investigation case against Alphabet Inc. (NASDAQ:GOOG). The case began with Cofeco’s claim that Google forces advertisers to operate through its services across both search and third-party sites. If the claim had been true, it would have meant that Google gained an unfair advantage over its competitors in the digital advertising sector. The unfair advantage was claimed to stem from the design of Google’s platform for buying online advertising.
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This relieves Google of paying up to 8% of its annual revenue from Mexico as a fine. The scale of this potential antitrust fine can be understood from Google’s revenue from Latin America for 2024, which totals over $20 billion. Alphabet Inc. (NASDAQ:GOOG) is one of the best advertising agency stocks to buy right now.
In response to this update, a Google spokesperson stated:
“We appreciate COFECE’s decision recognizing that our products give advertisers the freedom and control to use our tools in the ways that best suit their needs.”
While we acknowledge the potential of GOOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Best Marketing Stocks to Buy Right Now and 12 Best Gold Stocks to Invest In According to Billionaires.
Disclosure: None.
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