Why Breaking Up Google Would Be Difficult

Published On Oct 9, 2024, 8:11 AM

The Biden administration is considering a breakup of Google as part of its antitrust measures to address the company's monopoly in the online search market. Following a recent ruling that deemed Google a monopolist, potential actions being weighed include forcing Google to share key data, restricting its contractual agreements with companies like Apple, and more drastic measures like divesting parts of its business, including its Chrome browser and Android operating system. This reflects the administration's commitment to tackling anti-competitive practices in the tech industry.

Read full article

Stock Forecasts

GOOGLView GOOGL chart on TradingView

Negative

Anticipating a potential breakup or significant operational changes at Google could lead to market uncertainty. While enforcement of such measures may take time, short-term volatility in Google's stock price is conceivable as investors react to news and legal proceedings.

Related News

Google stock will surge despite DOJ's breakup push: D.R. Barton | Fox Business Video

Woodshaw Financial Group principal D.R. Barton analyzes the election betting market and weighs in on Google's possible breakup on 'Varney & Co.

GOOGL

Wall Street shrugs at Google’s legal setbacks isn't denial, it's pragmatism: Morning Brief

Oct 10, 2024, 5:59 AM

As the Justice Department seeks to possibly break up Google, the search giant's parent company's stock has barely moved.

GOOGL

Why Breaking Up Google Would Be Difficult

Oct 9, 2024, 8:11 AM

The Justice Department could push for the tech giant to sell off a business to end its lock on online search. But a move would be tough to pull off.

GOOGL