Google-parent Alphabet announced that its new chief financial officer will be Anat Ashkenazi, currently an executive at pharmaceutical company Eli Lilly.
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LONDON (Reuters) -Google parent Alphabet must face a lawsuit worth up to 13.6 billion pounds ($17.4 billion) for allegedly abusing its dominance in the online advertising market, London's Competition Appeal Tribunal (CAT) ruled on Wednesday. Ad Tech Collective Action is bringing the claim on behalf of publishers who say they have suffered losses due to Google's allegedly anti-competitive behaviour. Google last month urged the CAT to block the case, which it argued was incoherent.