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How could it be insider trading, if they're not doing anything with GOOG?
by daeken 16y ago
How could it be insider trading, if they're not doing anything with GOOG?
- cynicalkane 16y agoUsing some Google customer's secret information to trade also counts as insider trading. If anything, it's more unethical.
- jimmyk 16y agoCompanies that have non-public information about companies that they trade with are barred from using that information to trade stocks. For example if company B which manufactures bullets orders gunpowder from company G, and company B starts ordering a lot more gunpowder, employees from company G can't buy more stock of company B due to that knowledge. It seems like Google could fall into the category of company G since it has non-public search terms from other companies.