Alphabet Inc. $GOOGL, the parent company of Google, has announced its intent to appeal a recent U.S. federal court ruling in a landmark antitrust case concerning its dominance in online search and digital advertising. The company criticized the court's proposed remedies, which were less stringent than the 10-year regulatory oversight initially advocated by U.S. antitrust authorities.

Alphabet Inc. $GOOGL, the parent company of Google, announced on Saturday its intention to appeal a federal antitrust ruling that challenged its market behavior in online search and digital advertising. The decision follows a court hearing where U.S. District Judge Amit Mehta proposed less stringent remedies than the 10-year oversight regime originally sought by regulators.