Some may claim that. But there is little support for it besides the fact that they simply structured it that way for strategic purposes and possibly to try to de-emphasize their search dominance for the monopoly hawks.
The 'Google' portion of Alphabet is the only net income producer and almost the only revenue producer. All other Alphabet business are big time money losers right now.
That's the point Peter Thiel made to Eric Schmidt's face before Alphabet even existed.
Google doesn't want people/regulators to think they're a monopolistic search engine, so they build that phony shell company to host a bunch of nonsense sideshows to divert attention.
Some may claim that. But there is little support for it besides the fact that they simply structured it that way for strategic purposes and possibly to try to de-emphasize their search dominance for the monopoly hawks.
The 'Google' portion of Alphabet is the only net income producer and almost the only revenue producer. All other Alphabet business are big time money losers right now.