Alphabet is set to invest $500 million over 10 years to overhaul its compliance structure under a shareholder lawsuit alleging antitrust violations

Google is still waiting to hear how it will have to address its monopoly in the search engine business — it plans to appeal the judgement — but in the meantime, it also has to answer to its shareholders.

Google commits $500M over 10 years to revamp compliance and create a new oversight committee. The settlement resolves shareholder claims of ignored antitrust risks in key business areas. No payouts to shareholders; lawyers seek $80M in legal fees; judge approval pending.