U.S. Plans to Propose Breakup of Google to Fix Search Monopoly

Published On Nov 20, 2024, 7:44 PM

The U.S. Department of Justice is preparing to ask a federal court to force Google to sell its Chrome web browser in response to a recent antitrust ruling. This move comes after a judge found that Google illegally maintained a monopoly in online search. In addition to selling Chrome, the government aims to prevent Google from making paid agreements to be the default search engine on devices and to require data sharing with competitors. These actions could significantly impact Google's operation and the overall tech market.

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The potential forced sale of Chrome could severely disrupt Google's business model, which relies on the dominance of Chrome to drive traffic to its search engine and other services. The outcome of this case could lead investors to reevaluate the stability of Google's revenue from ads and other services, potentially leading to a drop in stock price.

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