Loading...
Loading...
Browse all stories on DeepNewz
VisitCanada Sues Google as DOJ Demands Chrome Sale Amid Antitrust Actions
Nov 28, 2024, 09:10 PM
Canada's Competition Bureau has filed a lawsuit against Alphabet Inc.'s Google, alleging anti-competitive conduct in its online advertising business. The antitrust watchdog seeks to force Google to divest two major advertising tools and impose penalties for allegedly breaking competition rules. This legal action mirrors efforts by the U.S. Department of Justice, which has demanded that Google sell its Chrome browser or Android mobile operating system to foster competition. Industry observers, such as Dave Lee, warn that such demands might diminish competition at a critical time. As judges entertain AI remedies, the potential forced divestment of Chrome could significantly impact users and shake up the market. Google's monopolistic grip on the market appears shakier than it has in decades, and the outcomes of these lawsuits could alter the internet's power balance.
View original story
Markets
Yes • 50%
No • 50%
Official announcements or court rulings regarding the lawsuit
Yes • 50%
No • 50%
Official announcements from the US Department of Justice or Google
Yes • 50%
No • 50%
Official announcements from Canada's Competition Bureau or Google
Full compliance • 25%
Continued legal battle • 25%
Partial compliance • 25%
Settlement reached • 25%
Official statements from Google or legal documentation
Other • 25%
Google • 25%
Amazon • 25%
Meta (Facebook) • 25%
Market share reports from reputable financial analysis firms
Chrome divested • 25%
Neither divested • 25%
Both divested • 25%
Android divested • 25%
Official announcements from the US Department of Justice or Google