Alphabet faces expanding antitrust scrutiny over publisher payments and AI monetization

Polish regulators suspect Google abused its dominant position in negotiations with publishers by creating an information imbalance; a potential fine could reach 10% of turnover. Separately, Gemini 4 has not materially improved investor sentiment ahead of earnings, keeping monetization, capex discipline and cash conversion in focus. Liability, remedies, content-cost effects and broader antitrust precedent remain unresolved.