Loading...
Market
Story
DOJ Considers Breakup of Google, Targeting Chrome and Android
Oct 9, 2024, 01:57 AM
The U.S. Department of Justice (DOJ) is considering significant actions against Alphabet's Google to address its monopolization of the online search market. Proposed remedies include a potential breakup of the tech giant, targeting its Chrome browser and Android operating system. The DOJ has informed a federal judge that it may recommend Google be forced to sell off parts of its operations to restore competition. This move comes as part of a broader approach to remedy Google's illegal search monopoly, which includes exclusivity deals with original equipment manufacturers (OEMs) and browsers. The discussions took place on October 8 and October 9, with tickers of interest including $GOOGL and $AAPL.
View original story
Similar markets
Search division • 25%
Advertising division • 25%
YouTube • 25%
Other • 25%
Android • 25%
Chrome • 25%
Both Android and Chrome • 25%
None • 25%
Search engine practices • 25%
Chrome dominance • 25%
Android control • 25%
Play Store policies • 25%
Accepts remedies • 25%
Negotiates terms • 25%
Appeals decision • 25%
Other • 25%
Google is forced to divest assets • 25%
Google's exclusive deals are terminated • 25%
Google receives a fine without divestment or deal termination • 25%
No significant action taken • 25%
